Bitcoin is near the top of the range, just above price is a high volume node which is strong resistance. If bitcoin succeeds to hold the HVN 7100 level which is also demand it can test the 7500 level again ,if it breaks that we are looking towards a breakout to the 8000 area. When Bitcoin fails to hold the 7100-7050 level it will likely move back down to 6900.
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7100-7000 HVN
7000-6900 LVN
6900-6500 HVN
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Replay before this move up. Whats is the upside HVN? It's 7280.
From 7120 to 7260 there is Low volume which means price moves through those levels fast without resistance. Resistance will come at previous range.
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Back to now, that is exactly what happened. We moved from one HVN to another. From 7050 to 7280, inbetween there was no trading.
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Trades im looking at, return to POC. Volume knot below price if that gets hit scalp long to poc if poc gives support long to upside knot.
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Two trades
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Looking at the 6700 zone
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