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#Bitcoin made a wick targeting Friday low which didn_t happen at most exchanges and therefore we may expect another attempt in future. At the same time that pump wick touched developing year VWAP again. So same good chances for BTC to pump above it and hunt for stops anywhere above 26150.
Therefore main idea is currently $BTC price is within no trade zone. Shorts only on pumps above week open and longs only below Friday low (~25312).
Stock indexes closed yesterday with a bounce after a dump, but they might continue the downside move today or tomorrow. That is valid until we see certain confirmation that that move is over.
BTC 4H EMAs:
🔻 55 at 26009
🔻 233 at 27238
🔻 987 at 27346
Minor SR levels:
🟥 26000 - 26160 - 26616
🟩 25300 - 24580 - 23900
#crypto cryptocurrency #CryptoTrader cryptotrading
TradingView chart:
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