Shown is the BTC daily chart
. 6.8k range has proven to be a pretty strong resistance and price needs to recharge for another run. It's possible it retraces to the 6.1 - 6.2k range (61.8 of recent run) and springs from the very long term channel support (green dotted line) and breaks through the horizontal resistance zone
is also recharging and looks to touch the black support line when price hits the noted buy zone. Just a note, a reversal at the buy-in range could set up an inverse H&S
, though, nothing to hang your hat on.
Trade: Buy-in 6.1-6.2k range. First profit at 6.8k, second at 7.4k. Stop loss at 5.74k, raise to 6.35k after first profit.
...but what do I know, I'm just a space suit engineer, not a trader. Good luck!