Below yesterday's low on $BTC here



Have already started filling bids, a lot of confluence in this area. Here's my entry, tp, sl and reasons for each:

1. Accumulation range VaH test post breakout
2. November relief bounce high VWAP breakout and retest
3. Yearly Open VWAP bands (expecting lower end of the band to hold for continuation higher)

We broke out aggressively with a decent amount of short liquidations at some very obvious target levels and then retraced. If there's still juice in the market, we need to move above the VaH near 92.5k by the end of the week

Two clean invalidations on going long again here (especially if you made money on the previous move higher, that gives me some leeway on betting under not so optimal conditions right now)

a) if we don't start seeing aggressive buying as the last week (spot CVD + bid/ask imbalance favouring bids) by end of week, it's likely time to exit

b) If we lose the yearly VWAP lower band (which is confluent with a retest of the mini consolidation before our $98k push) then our thesis is wrong and we're still in the range chopfest
BTC‎-2.15%
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