As announced in the State of Mind, the Bitcoin is currently testing the support at $6460. Thanks to the Fibonacci extension, we can determine a support area between $6440 and $6460. The technical situation being negative, a break in this area is quite possible and a short position also if this happens. If this zone resists, however, we could initiate a long position above $6460.
Summary of the strategy
Buy: > $6460 if the support is reintegrated (candle confirmation 15 min) T1 : $6500 T2 : $6550 Stop: $6425 Leverage: 10X
Short: Support area breakage <$6440 (candle confirmation 15 min) T1 : $6365 T2 : $6330 Stop: $6470 Leverage: 10X
Remember, these are risky strategies and it is necessary to get confirmation by a candle 15 min closed beyond these levels! Be careful !
Comment
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The BTC being at $6500, don't forget to move your stop-loss above the buy price if you are in position !