I won’t be taking any shorts until Bitcoin pushes back into the Value Area Low of the previous range, where we have a strong confluence between:
200 EMA
Golden Pocket (0.618–0.66)
Anchored VWAP from the ATH
This entire cluster sits between $103,000 and $107,000.
My short entry will only trigger after a clear bearish divergence confirmation in that zone.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.