$BTC sitting at 87K HTF resistance. It's a short point-of-interest, but I'm not taking it yet.
We left a lot of untapped sell-side liquidity below the lows on this move up — including weekend liquidity. Targeting that with shorts is valid, but I want to see highs swept first.
Liquidity's been stacking above 87.4K for a while, right under the 87.6K yearly open. A short after the sweep of 87.6K–88K is higher probability for me, so I'm passing on the local short.
If you're a good scalper and not in longs yet, you could try to get in locally and target the 87.4K high. High-risk scalp though — we're at range-high, not the spot for quality longs.
82.2K is still a clean POI for quality longs, but I'm waiting to see what the market does here.
Pump through the highs and reject the yearly open? Shorts after the trigger. Pump through and accept? Long continuations. If we dump from here, I'm just not in the move down.
No edge, no trade. Waiting for the setup that fits the plan.
We left a lot of untapped sell-side liquidity below the lows on this move up — including weekend liquidity. Targeting that with shorts is valid, but I want to see highs swept first.
Liquidity's been stacking above 87.4K for a while, right under the 87.6K yearly open. A short after the sweep of 87.6K–88K is higher probability for me, so I'm passing on the local short.
If you're a good scalper and not in longs yet, you could try to get in locally and target the 87.4K high. High-risk scalp though — we're at range-high, not the spot for quality longs.
82.2K is still a clean POI for quality longs, but I'm waiting to see what the market does here.
Pump through the highs and reject the yearly open? Shorts after the trigger. Pump through and accept? Long continuations. If we dump from here, I'm just not in the move down.
No edge, no trade. Waiting for the setup that fits the plan.
