BTC slowly but surely reached the pressure level at 64,474! $BTC


Today is Friday, and it’s not easy to trade. BTC’s uptrend has already formed. I’m still firmly committed to my approach for this period: longs as the main focus, shorts as the supplement!
If BTC can’t break above 64,742, it has to come down. How far down? Around 63,861—63,500; support and resistance swap!
If BTC breaks 64,742, you could look toward 65,291-65,747!
Evening setup is here:
Short setup: place shorts around 65,300-65,800
Long setup: place longs around 63,200-63,800
If it’s still like yesterday and the day before, just randomly churning all night, then I’ll bet on shorts. The betting zone is 64,450-64,750; the bet is that it can’t break through 64,742! $BTC #
BTC1.89%
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AuroraStone
· 5h ago
The volatility last night ground people down. If it’s still like this tonight, I’d rather sleep than gamble.
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DepegDaydream
· 5h ago
It’s really hard to handle on Friday night. I’m planning to wait and watch first, and only enter once the direction becomes clear.
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MosaicBowtieRealm
· 5h ago
The fact that 64,742 is getting stuck at this level is a bit interesting. If it can’t break through, it’s easy for it to drop; the support-resistance swap logic is solid.
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GateUser-d2929483
· 6h ago
65,300 short sell orders, 63,200 long buy orders—this grid setup is pretty wide, huh. Wishing you profits on both the long and the short side.
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