Post
Happpo
$BTC has a strong confluence zone around $81.7K on the 4H. 👀
A retest of this area wouldn’t be bad at all. BTC just swept the wick and took out a logical stop area for lower-timeframe traders.
The 4H 200 MA is also sitting around $81.6K, adding more confluence to this zone.
For me, this is the area to watch closely. I’ve started scaling into a long here, but I’ll cut the position if we lose $81.7K + the 4H 200 MA.
If this support fails, things could get ugly. 📉
#DailyOrbit
Disclaimer: OKX Orbit content is provided for informational purposes only. Learn more
Replies
No comments yet. Be the first to reply!
Trending crypto
BTC/USDTBitcoin
$84,542.8+0.00%
ETH/USDTEthereum
$2,495.27-0.01%
SOL/USDTSolana
$108.34+0.00%
Today’s market buzz
1#BTCETFInflowsContinue
2#SpaceXQ3RevenueUp161%
3#NetflixQ3ProfitBeat
