2022-02-28 16:03:46
Good morning - BTC - Update!
Before deciding which trades to take for the rest of the week, it's important first to look at what is BTC doing.
Currently, the price is between $37K and $40K, both daily levels.
If we see a move up, we have significant resistance at $39K.This is a CME gap, Fibonacci resistance, and Daily Naked point of control. If we see Longs begin to open near this level and we see a drop-down, this will confirm further downside
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