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TradingHeights

๐๐“๐‚ ๐€๐ญ ๐‚๐ซ๐ข๐ญ๐ข๐œ๐š๐ฅ ๐ƒ๐ž๐œ๐ข๐ฌ๐ข๐จ๐ง ๐™๐จ๐ง๐ž โš”๏ธ



Bitcoin is showing signs of a short-term cooldown after a strong move upward.

๐Ÿ”ธ Liquidity around $62.4K London lows could attract a quick pullback before the next major move.

๐Ÿ”ธ The important part: The overall trend remains upward ๐Ÿ“ˆ

The 1H Head & Shoulders setup has already been invalidated, reducing bearish pressure.

Now all eyes are on $63Kโ€“$64K resistance zone ๐Ÿ‘€

A clean breakout above this area could trigger a strong continuation move as trapped shorts get squeezed.

Trade the levels, not emotions. ๐Ÿ‹๐Ÿ”ฅ

$BTC โ€Œ#MyGateTradeStory
BTC0.60%
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MistValleyFront
ยท 06-11 15:35
Trade the levels, not emotions. Well said, but few actually do it. ๐Ÿ˜‚
View OriginalReply0
GateUser-047cb6fc
ยท 06-11 15:34
The head and shoulders pattern failed, short sellers are having a tough time this round, and the liquidation data should look pretty good.
View OriginalReply0
BlackVelvetKeychain
ยท 06-11 15:32
Waiting for a volume breakout above 64K. Right now, it's the frustrating phase; hold your position steady and don't get shaken out.
View OriginalReply0
NeonVortexInTheSmog
ยท 06-11 15:31
London low point liquidity +1, every time I mention this I think of the experience of being fooled by a false breakout last time
View OriginalReply0
IOnlyTrustOn-ChainData.
ยท 06-11 15:22
62.4K this position is indeed a bit interesting, whether to retest and confirm or to go straight up, it feels like whales are playing psychological warfare.
View OriginalReply0

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