Short-term upside for BTC?

2022年6月29日

If the wicks are respected from previous highs, then this would be the first legitimate retest of this trendline as support. 19,700-20,000 zone has also acted as a support in the past so I'm expecting a short-term bullish move from here (also because 4 hour stoch is quite low and ready to turn back up). I'd feel more confident about this move if we can start seeing 4 hour closures above 20,300. If we can do that, I'd expect a move to about 21,000-21,200. I'm not expecting any breakouts unless we can start closing above 21,500.