Thursday, May 2, 2024
I think that currently BTC is in the middle. Expect re-test of Monday EQ at ~42555 and from there:
1) either breakout above 43518 and finding liquidity there for double top or green dildow.
2) or drop lower < 40500 to eat a lot and bounce back or stretch to 39k

So from that perspective although ~42.5k is an interesting level for short, its has high chance for failure. So worth looking for short above 43.5k

And look for long under 40.5k

@CryptoBullTrades #BTC


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