$BTC had a daily closure above 77.1K.
As mentioned yesterday, this is favourable for the bullish thesis since we closed back inside the daily imbalance-range.
What is less favourable is that we left equal lows at 76.2K, we all know those often get taken out.
So there are two major SSL-pools beneath us at 76.2K and 74.9K.
Above us Bitcoin left plenty of BSL, with the first target at 78.8K.
Given the current place in the range + longs that have been liquidated, I'm looking for longs next week.
Next week is important due to the fact we open a new monthly candle + mid-terms in the U.S.
Question now is, can we hold the current low? Or will we see a sweep of those equals or even lower before quality longs occur.
If we hold I'll long the continuation, if we get another sweep it's simply waiting for a shift again.
#HeYiSaysWithdrawalsExpectedtoResumeWithin42Hours
#CZSaysCompensationIsinPlaceUsersAreProtected
As mentioned yesterday, this is favourable for the bullish thesis since we closed back inside the daily imbalance-range.
What is less favourable is that we left equal lows at 76.2K, we all know those often get taken out.
So there are two major SSL-pools beneath us at 76.2K and 74.9K.
Above us Bitcoin left plenty of BSL, with the first target at 78.8K.
Given the current place in the range + longs that have been liquidated, I'm looking for longs next week.
Next week is important due to the fact we open a new monthly candle + mid-terms in the U.S.
Question now is, can we hold the current low? Or will we see a sweep of those equals or even lower before quality longs occur.
If we hold I'll long the continuation, if we get another sweep it's simply waiting for a shift again.
#HeYiSaysWithdrawalsExpectedtoResumeWithin42Hours
#CZSaysCompensationIsinPlaceUsersAreProtected
