We all know BTC
is notorious for doing full retraces. Good reaction off 228. Looking for a retrace into the darkgreen area. However dipping lower to the bottom of the light green area is possible. If we retrace here and see Bullish divergence
. We have a strong case for higher. Could be a while to unfold. Last moves have been during the weekend.
Expect a fakeout to the upside to trap some longs.