In my previous update, I insisted to wait for $39500 for opening any long positions. solid try from Bitcoin to reclaim that level but in the end, it was a rejection that brought us here, sub $35000.
from now on the only possible scenario in my head, is to sweep the equal lows at $28000. If we are lucky we can get a short set up around $36600 which is an H1 OB otherwise, I suggest sitting on your hands and waiting for a clear price action to follow.
the blue box is my area of interest, If I see a deviation below those equal lows I will look for longs.
Stay tuned and make sure to follow me on tradingveiw if you are interested to see how my plan updates from here.
thanks for sharing your chart, If the price is going to lose the 32k support, the next support could be 28-29K as you said. let's see How the price is going to react on the previous key level
CryptoSep
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@plancton0618, thank you for sharing your own insight. yes, we still can rely on 32k support but those equal lows can not be left behind imo, so I have low hopes for 32k to hold bitcoin.
let's see How the price is going to react on the previous key level