Good morning guys, hope you are all doing well!
I am here with the $BTC update, the next move, and the trades I have been in!
So, last week I took 5 trades at the same time: BTC, ETH, $SOL , $ZEC , and XRP. All majors, and I don’t think I need to explain why, as I have already posted an article about that. I am here now to update you because something bullish is on the radar!
Number 1: 4H bullish divergence
Number 2: Oil prices are back at $96
Number 3: Liquidity cluster at $84,400
So, what am I doing?
I have closed my trades except for ZEC because I have a good entry and don’t want to lose it. I have taken partial profits at $1,080, and now I am waiting for BTC to confirm the next move.
Look at the BTC chart. We have broken the trendline, and the structure is shifting on the 4H timeframe.
Technically, I am watching to see if this rebound holds and we get a 4H candle close above $83,400. If that happens, I will look for a long scalp on the majors toward $84,600, and possibly $86,800, the next liquidity cluster. First entry is already done at 82,970$ will add if this confirms and close if fails to shift the struture! Sl will be manual if 4H candles closed over 83,400$ will add more if not will sit all in my shorts!
My short toward $79,700 was a clean move, but the daily candle closed back above the MA support, respecting the same support once again.
If we lose that $79,799 support, look straight toward $74,800. Nothing else!
This scalp long doesn’t mean I am bullish on the majors. I am looking at it as a recovery pump, a liquidity hunt, and potentially a bull trap. That is why I am looking at $84,400 as the maximum target for now, provided we get that 4H close above $83,400.
If we don’t get that confirmation, I will look to place my swing short again!
Be ready and stay tuned. I will update you if I take a position on either side!
#BitcoinSurpasses$83,000 #BitcoinReboundsAbove$82,000 #BankOfRussiaSaysSelfCustodyBanStartsJuly2027
I am here with the $BTC update, the next move, and the trades I have been in!
So, last week I took 5 trades at the same time: BTC, ETH, $SOL , $ZEC , and XRP. All majors, and I don’t think I need to explain why, as I have already posted an article about that. I am here now to update you because something bullish is on the radar!
Number 1: 4H bullish divergence
Number 2: Oil prices are back at $96
Number 3: Liquidity cluster at $84,400
So, what am I doing?
I have closed my trades except for ZEC because I have a good entry and don’t want to lose it. I have taken partial profits at $1,080, and now I am waiting for BTC to confirm the next move.
Look at the BTC chart. We have broken the trendline, and the structure is shifting on the 4H timeframe.
Technically, I am watching to see if this rebound holds and we get a 4H candle close above $83,400. If that happens, I will look for a long scalp on the majors toward $84,600, and possibly $86,800, the next liquidity cluster. First entry is already done at 82,970$ will add if this confirms and close if fails to shift the struture! Sl will be manual if 4H candles closed over 83,400$ will add more if not will sit all in my shorts!
My short toward $79,700 was a clean move, but the daily candle closed back above the MA support, respecting the same support once again.
If we lose that $79,799 support, look straight toward $74,800. Nothing else!
This scalp long doesn’t mean I am bullish on the majors. I am looking at it as a recovery pump, a liquidity hunt, and potentially a bull trap. That is why I am looking at $84,400 as the maximum target for now, provided we get that 4H close above $83,400.
If we don’t get that confirmation, I will look to place my swing short again!
Be ready and stay tuned. I will update you if I take a position on either side!
#BitcoinSurpasses$83,000 #BitcoinReboundsAbove$82,000 #BankOfRussiaSaysSelfCustodyBanStartsJuly2027