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$BTC rejecting from Monthly VWAP atm
- Expected $113k to be a level of support with multiple confluences like Previous value high + Monthly VWAP but we just sliced through (relentless spot selling from )
- Next area of interest near $111k for similar reasons which was front ran
- We've swept yesterday's (Monday) lows for now but still the bid/ask spread is quite ask heavy. Expecting a bounce as long as today's sweep holds but it would be a mechanical bounce (bearish retest) most likely
- Still holding my SOL long from $214 but with stop under today's lows. Not interested in adding too much exposure in either direction unless BTC can get out of the chop zone marked on the chart
- Sometimes no trade is also a trade, was very accurate in catching the post FOMC sell-off. Caught the short but TPed early, first long POI got sliced through and the second one front ran, so just chilling until we get more developments