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Bitcoin gave some back, time to long?

abztrdrの投稿

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Excuse the lack of reasoning, however:

Quick, simple and pretty obvious BTC long opportunity.

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Adjusted initial buy zone a little higher due to bottomed out indicators, will be filled on Sept bmex futs.

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A last check of the chart before clocking off looks good.

Higher low and indicators in agreement.

Got an alert set for 7560 and will look to add more.

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Volume flat, althogh sell pressure has reduced.

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Expecting a dip towards 7400 before this move up can continue giving 2 higher highs and 3 higher lows.

After the move over the last 6 days, this dip is pretty healthy with the entire crypto mcap only dropping ~10bln from its local high.