BTC analysis w/c 24.04.2023
Bearish outlook
price has held above last week's low, if there is a push up into the mid range and finds resistance, wait for confirmation and short back into last week's low. If there is strong momentum to the downside, hold short into order block and January high.
Bullish outlook
if price can consolidate and hold mid range, look for longs into last weeks high and if strong momentum, into June high around 32k.
If there is a rejection of last week's high, look for shorts into mid and lwl.
price has held above last week's low, if there is a push up into the mid range and finds resistance, wait for confirmation and short back into last week's low. If there is strong momentum to the downside, hold short into order block and January high.
Bullish outlook
if price can consolidate and hold mid range, look for longs into last weeks high and if strong momentum, into June high around 32k.
If there is a rejection of last week's high, look for shorts into mid and lwl.
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