Bitcoin (BTC): Slowly Starting To Look For Short!

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Bitcoin on a daily timeframe has fully secured the EMAs as of now and now price is testing that smaller rejection zone.

So far our gameplan remains the same and we are looking for a full switch of trends, which would result only after seeing some kind of strong rejection from the current zone or upper resistance zone so we keep an eye on candle movements to catch any possible confident move!

Swallow Team

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ملاحظة

On a smaller timeframe, we are seeing that another rejection has happened after another attempt at breakout (which has failed so far).

We are now keeping a close eye on this upper orange line, as if buyers manage to secure this upper zone, we will see further movement towards the major resistance zone in a bigger timeframe!