Monthly close in 3 days

٢٨ يوليو

The monthly candle is closing in 3 days, and the end of the month are usually a good time to trade based on monthly support and resistances, We have some important zones to look at for the next 4 days 64800,67,69,71. good opportunities for swing trades

٢٨ يوليو

ملاحظة

by zooming in we can see the price bouncing nicely from these areas and their fib levels in the 4h chart

٢٨ يوليو

ملاحظة

1h chart view

٢٩ يوليو

تم فتح الصفقة

I'm buying a small position here at 67k target is 69k

٣٠ يوليو

تم فتح الصفقة

I'm buying more at 66500, I think we will retest 71k in a couple of days, I will close them in loss if BTC closes daily bellow 65300

٣١ يوليو

ملاحظة

We are observing a divergence in open interest: it is decreasing, which means more people are closing their positions. Since the price is rising, it suggests that short sellers are closing their positions, indicating that BTC is preparing for another pump.