Btcusd 02 May 2022

With the daily close of 1 May, with 90% confidence, we can assume that:
BTC TOP is going to be around 40k
BTC BOTTOM is going to be around 37k

https://www.tradingview.com/x/yanmbJdP/


Since the opening of the candle we can see that slowly the market moved in the long direction, approaching the 39k area

Our moving average rating, gaves us a LONG entry on 15 min at the beginning of the daily candle.(38300), and on 30min, at 38600

From Volume point, we can see that the POC is around 39k area, so if you dont want to enter now, you can until 39k is being broken and start the scalp position

From the fundamental POV, news that can affect /BTC ISM Manufacturing PMI (Apr) , where the current forecast is bullish.

I believe currently we can scalp a long position, before we test the 40k area which we can use it as a take profit point and enter a potential scalp short entry .