


This bit risky Eth short, but if SPX and BTC breakdown, Eth should follow Rising wedge breakout, with range play confluence on the 4H. not high conviction yet. but the R:R there.
Just some Scalpt ideas on the 5min range. NY open will open Gap up, so spx should drag btc down to close the gap.. just keep that in mind
BTC Short, Trend bearish retest with so far rejection of the 5min Range Mids.. play to almost range lows to originating candle of last up move. (Chart is on 15min, TV don't allow 5min chart publishies)
See what todays price action brings, if close above 80 with positive momentum, take long ~87. See price reaction here, , either get out or play till next level ~97.
If 21.9 gets flipped to support (same as previous idea) , then long to next 4h support at around 23.1 and start of trend line . Already did bullish retest of trendline, so just need to get HH on lower range to form to get trend going and have strong conviction in the trade
Sitting at key daily S/R. if swop to Resistance and get below 22.4 with momentum.. should be clean trade to 21.5. otherwise back in range , play back to range high of ~ 23.9. Plan made, now patience and wait on trigger.
Interesting Daily range for BTC Line chart, Won't surprise me if go test 24500 for S/R Flip. but price now midrange on Daily Line charts. Guess wait for movement and run the trend to range edges. I'm still thinking that the price need to go up (which probably mean will go down) to catch the last Fomo bulls in to create enough liquidity to push...
Play the mechanical pullback that will take out the late high leverage shorts, and help reset the RSI's for now. Play: If BTC gets above 21.9 with moment, long till 22.2-22.3. SL ~21.8 , any momentum loss, and cut the trade. Risk : High, small margin, tight stops
Lost bottom of 5min range, short till trend line, for possible retest of key level 4095
See if range mid holds as resistance, if so, short to range lows. (Take profit midway down)