Checking BTC price action this morning. Got a few key levels on the radar that could shape how the day unfolds—watching to see if we hold support or push higher from here.
Scenario A: If BTC respects the support zone, I'm looking for a potential bounce into resistance. Plenty of liquidity up there.
Scenario B: Break below support and we could see acceleration toward the next lower level. Will keep an eye on volume confirmation.
Trading the daily is all about spotting these inflection points early. Momentum can shift fast, so I'm monitoring order flow and key price reactions throughout the session. Where are you watching on the chart today?
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StakeTillRetire
· 21h ago
Once the support breaks, let's just watch the show. The real test will come when it rebounds and moves towards liquidity.
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BlockchainNewbie
· 01-14 11:36
Let's look at the daily setup again. The support side seems unable to hold, we need to see how the volume reacts.
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MevTears
· 01-13 07:59
Getting up in the morning and looking at these support and resistance levels again? Honestly, they look just like the lines drawn yesterday.
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LightningSentry
· 01-13 07:53
Is it that support/resistance trick again? Honestly, does it really work every time I say it?
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SignatureLiquidator
· 01-13 07:40
Once the support breaks, just wait and see. This wave will either rebound or crash directly, depending on whether the trading volume is strong enough.
Bitcoin Daily Setup - January 13
Checking BTC price action this morning. Got a few key levels on the radar that could shape how the day unfolds—watching to see if we hold support or push higher from here.
Scenario A: If BTC respects the support zone, I'm looking for a potential bounce into resistance. Plenty of liquidity up there.
Scenario B: Break below support and we could see acceleration toward the next lower level. Will keep an eye on volume confirmation.
Trading the daily is all about spotting these inflection points early. Momentum can shift fast, so I'm monitoring order flow and key price reactions throughout the session. Where are you watching on the chart today?