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CryptoZeno

$BTC Very Important area here for a reclaim or a brutal rejection. A sweep of the last supply area + Golden pocket from the top swing high, watch for a clear rejection here and then we are good to go to short the market.



If somehow, we close above this level of $65.8k then we are good to target those highs and proceed towards $71k
BTC-1.85%
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ColdHotCoach
· 22h ago
This analysis is good, but I think it needs to be combined with trading volume. If it breaks out with a surge in volume, it could be a false breakout.
View OriginalReply0
HoldTheMeme
· 07-27 15:44
Key level: 65.8k. If you can’t hold your position, short it; if you can hold it, go long—simple and brutal.
View OriginalReply0
OBVProbe
· 07-27 07:17
Bro, your analysis is very clear. I’m planning to place a short order under 65.8k, with a stop-loss at 66.2k.
View OriginalReply0
GasVeteran
· 07-27 07:07
Both longs and shorts are still conflicted in this spot; it’s not too late to wait for a confirmation on the scale of about four hours before entering.
View OriginalReply0
IndexThinker
· 07-27 06:59
Liquidity harvesting is the norm—first clear out the shorts at the top to run their stops, then move lower. This playbook has been seen way too many times.
View OriginalReply0
MinerOffspring
· 07-27 06:58
Gold pocket adds the supply zone—classic short-trap script, worth trying a short with a small position.
View OriginalReply0
OptionScrapbook
· 07-27 06:55
If the close is above 65.8k, 71k is likely to be reached; however, in the short term, the probability of a downside move is higher.
View OriginalReply0
MemeWedding
· 07-27 06:52
If it really drops after sweeping the final supply zone, then the short-seller profit-to-loss ratio is very favorable, and it’s worth taking the gamble.
View OriginalReply0

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