Bitcoin Update Yesterday, Price was ranging between Open and | GTC - Good Trading Calls

Bitcoin Update

Yesterday, Price was ranging between Open and High. Later in the day, price rallied up finally. There was a weakening or trapped bulls around the Range High (Day's High) But Bears were scalping not swing so Early Profit by Bears gave Bulls the change for Swing.

Today, We Opened two Bull Bars but later succumbed to lost momentum. There is Resistance today around Today's high, Based on Higher Time Frame as well as 15m Chart.

We are in a right channel, and Sell Off from the Daily High, broke below the EMA, hinting at selling pressure. This leg will be minor as the channel is tight. Bear Reversal Set-up should be taken if the trend resumption fails around Daily's High. If the conviction is lost for Bear Reversal then look buy probably for Scalp.

Currently, Price looks like trying to test Today's High,
Further reaction will give more information about today.

https://www.tradingview.com/chart/BTCUSDT/YRLFrkYP-Bitcoin-Daily-Update-15m/