BTC (Y22.P1.E9).Short term trades

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Hi All,

No mystery we had a rejection and we will range before the market makes up its mind.
We have not recaptured the weekly trend so might as well take these trading opportunities .

I see 2 potential trades here.


All the best,

S.SAri


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the kind of stuff we post in our channel.
We are now below an important support area of the 42k, that level needs to be reclaimed to avoid further downside toward 40.5, 39.6, and 38.3. The whole 44.5-46 range is massive resistance, so naturally any pump to that level should be taken as an opportunity to close out longs and/or look for shorts until proven otherwise. Spotting the divergence. I will now be looking for a bull div to appear and add confluence to the low of this pullback in the coming hours and days. However, reclaiming 42k could also serve as a short-term trigger for a move back up to 43-44.
note the 2 possible targets have been confirmed by the top structure, either triangle or H&S target

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