For movement I am looking for a couple candle closings positive of the resistance that has been set and not broken for the last couple weeks. We may move down to 10500 area once more before we see what BTC wants to do, however, we are seeing semi-strong support at 11000.
Entry point ideally 10600-11200 with a reassessment at 14000 of momentum. I will take partial positions out as I watch this trade progress.
For movement I am looking for candle closings below the midterm . I am not looking to trade this as we have been bouncing off of the , we could see price go back the line or through it so 9000 area or lower. Looking for a possible set up for a trade here if that happens.
Let me know your thoughts. Keep an eye on price action this weekend. Looking for movement once way or the other.