BTC has stayed in expected value area range due to low volumes on holidays. We will decide our trade based on which side we get breakout, if it is with good volume we will ride with the dominant trend direction.
Note, publishing my first video as bit of a test as well, if this turns out doable I'll start publishing regularly.
BTC is showing signs of buying on 15 min TF, in short term one could long the and take advantage of the momentum
Our long term view on BTC is long as well, so its always good to trade in the trend direction.
SPX is still in bullish trend and will likely continue to be as I don't see any bearish volume coming in. We are yet to have divergence with volume as well, so this might give one more up move before correcting to create it
Btc has given breakout from its resistance but there is volume divergence on 15 min TF, there is possibility of short towards last ATH, but do remember that long term view is still bullish. Short at your own risk
SPX is looking weak on the 15 min TF, regression channel is indicating downtrend and its possible that it will make LL in the session or two.
Volume is also depleting on the buy side, if sell volume comes in large we might have sharp fall.