Current upside and downside levels to watch:
Upside:
- In order to see more upside, BTC must hold $21485
- Looking for some strong buying pressure to push back up to range highs
- Possible re-test of S/R levels
Downside:
- Lose $21485 and I see BTC dropping hard down below $20k
- Possible test of 50 & 200 emas. Will these act as support?
BTC is still moving...
Here's my idea on the current price action of BTC and possible target if it were to break either way:
Downside:
- If BTC fails to hold the $22500 region then I suspect the price will fall, take out the inefficiency of the pump and hit the mid-range marked out.
- Possible signs of a deviation
- Bulls running out of steam
Upside:
- If BTC can reclaim the 0.75...
GBP/USD looks good to hit the target within this range it's currently in. Good bounce-off Demand/support. Cut trade and short below if the price starts to break down and fails to hold.
ADA/USDT is continuing in trend flipping S/R levels and looking to reach resistance high on the higher time frames. Possible long opportunity with tight stops in case it breaks down.
I would be looking into any opportunity to short in the supply zone.
Bearish if it breaks below 0.38 region.
The trend is your friend until it isn't!
Solana showing 2 options for a short-term trade either to the upside or downside. Do we re-test and push into the demand zone or break down back towards the Support region?
I'll be looking to short or long in the highlighted Purple areas depending on DXY / ES.
XRP long setup with an entry in the orange circle. Price is bouncing off trendline, S/R level, and added fixed range profile for confirmation.
POSSIBLE TARGETS AT FIB LEVEL/POC.
