BTC Daily Failing to Break Previous High
BTC Daily has failed to break the last swing high and there is a very high chance we come down to test the Daily Bullish OB.
At which I will be looking to enter Longs on both BTC and Altcoins.
The Major resistance we really need to break here is 45.5k, on the plus side we have attacked it twice already so a 3rd time will give us a high likelihood of a breakthrough.
Pay attention to this Bullish Daily OB and look for a reversal pattern on the 1min or 5 min when Price Action enters the OB.
Cipher B Is showing weakness and slowing momentum on the daily TF, so that is confluent with my previous analysis above.
At which I will be looking to enter Longs on both BTC and Altcoins.
The Major resistance we really need to break here is 45.5k, on the plus side we have attacked it twice already so a 3rd time will give us a high likelihood of a breakthrough.
Pay attention to this Bullish Daily OB and look for a reversal pattern on the 1min or 5 min when Price Action enters the OB.
Cipher B Is showing weakness and slowing momentum on the daily TF, so that is confluent with my previous analysis above.