BTCUSDT Technical Analysis 15/7/22

BTC touched the monday high and OB, it will go down to the monday low+channel and find support as a retrace(this is where you may look to long if confirmed). Target would be the top channel+OB area.

Note

We might also bounce off of 20450, just depends on when momentum decides to reset and allow for more upside. Still very bullish on bitcoin short term, enter a long at your own discretion. The retrace might have already happened or it may still be happening. I recommend waiting for a confirmation(BOS or COC on LTF) signifying a potential reversal after retrace. Happy tradings, ~Cas

Note

Ok perfect, TP hit, only mistake here was the retrace target, I forgot to add in earlier that it could retrace to the previous wick up. Now you MAY look to short.

CasFTR

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CasFTR