Please do check my referred BTC analysis back two days
Daily Swing is Bullish
We have now mitigated the Daily supply that might cause bearish pressure to the demands down below, which will be long position opportunities once we hit the daily demands.
But remember, Daily Internal and Fractal Structures are still Bearish and this recent bullish momentum could be only to mitigate upper Daily Supply zones
As we have internal fractal switched to Bullish now, I play longs till price mitigates the premium daily supply and we get 4H bearish momentum to kick in
I have tried to explain my expectations on the chart
Please do comment If you would like to discuss any trade idea
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