Monday, May 6, 2024
Regarding #BTC situation. A little deeper look into exo TPO chart. Previous days of consolidation left levels which we should remember for our intraday scalps. These are ~20260 at the top and ~19800 at the bottom. Do not try to trade in between – you’ll be chopped out.

So we short rejections from above 20260 and long dumps to/below 19800.

Today’s developing range is very narrow 20012-20137, but important to remember it is still DEVELOPING. So stick to the one formed during previous price action.

Conditions for longs/shorts out of the range – if price find acceptance there.

@CryptoBullTrades


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