$BTC gave us nothing yesterday — closed flat, chopped sideways all day in a tight range. Classic indecision candle. Here's the setup:
If we break and hold above current levels with conviction, next target is $65,600. That's where the bulls want to take this.
But if we fake higher first, then roll over and lose $62,600 support? That's your short entry. Let the market show its hand, trap the weak hands on a pump, then fade it hard below that level.
Right now it's a no-trade zone until we get a clear break. Don't chase the chop. Wait for the move, then take the trade with defined risk. Bulls need $65,600. Bears need a break under $62,600. Pick your side when price picks its direction.
If we break and hold above current levels with conviction, next target is $65,600. That's where the bulls want to take this.
But if we fake higher first, then roll over and lose $62,600 support? That's your short entry. Let the market show its hand, trap the weak hands on a pump, then fade it hard below that level.
Right now it's a no-trade zone until we get a clear break. Don't chase the chop. Wait for the move, then take the trade with defined risk. Bulls need $65,600. Bears need a break under $62,600. Pick your side when price picks its direction.