I'll be timing my entries/esit along with RSI S/R holds and breaks.
We could have a bounce here but needs to hold a bit longer, if it breaks under I'll sell some and look to pick up cheaper.
Best guess is we're going down to retest bottom orange before a bigger spike up but may test and fail top orange first in near term.
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Price got shut down on the 15M by SMA 337...
May be Bearish here but could still break through! RSI pretty Bearish after almost touching the peak line so maybe we'll head back down first before taking another shot at the 337.
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We've broken through and got running room on the 2H...
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I caught most of wave up from 17k and just sold off a big chunk as we're pushing against the top of the long term channel here.
I'll reenter more if we decisively break above and sell more if it gets rejected here...
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Could get an RSI bounce here but unlikely we break too much higher.
Your input is always welcome, and well thought out. I am still assessing BTC's current trajectory. 16.5 may have been as big a test as we get. Weekly close over 18 is positive, and we have a monthly close coming soon as well. All signs point to a higher trajectory if the current pace holds.