BTC: Long update

Price action moving as predicted. I ended up closing this trade around $7100 only because I have a busy day ahead and cannot keep an eye on it. If I were still in the trade, I would look for a bounce off the new descending red line followed by continued upward movement. I would close the trade somewhere in the green box. Based on what happens there, I will be evaluating for a possible short as there is lots of resistance here, but let's wait and see what happens first.