Provided $BTC holds downtrend channel, expect to fill order between 7100-7200$ optimal (7050$-7250$ wide range) with stop above higher resistance/ Vvpr high point. Expect Volume and RSI to help confirmation.
Short until above main support (5850$), at 6050$-6000$ for emotional price support.
If $BTC breaks channel wait for possible sideways movement and test of support of top of channel, if support confirmed around 7000$ above channel, expect to exit trade prior to stop loss as theory is no longer valid.
Short until above main support (5850$), at 6050$-6000$ for emotional price support.
If $BTC breaks channel wait for possible sideways movement and test of support of top of channel, if support confirmed around 7000$ above channel, expect to exit trade prior to stop loss as theory is no longer valid.
ENTRY B -7000$, further sideways motion, longer time frame respected.