Bitcoin not only bounced of supply liquidity, but also bounced of two resistance levels.
Therefore might signal weakness in the market and might offer a nice short opportunity.
Therefore might signal weakness in the market and might offer a nice short opportunity.
Comment:
If you zoom in on the 15 minute chart, you can see this little squeeze pattern. I would wait for it to break and see if price bounces, showing a clear change in character and weakness. Then move in on the break of structure.
Order cancelled:
Good call, not...
Whatever, next.
Whatever, next.