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BTC Market Analysis: Major Direction 🈳 #BTC
D-level: Rebound zone has been completed, if it breaks through SMA50 then enter the trend zone
4H-level: EMA20/50 bullish alignment, after pullback and breaking through EMA200, if it can hold steady above EMA200 when the 4H candle closes at noon 12 PM, there's a high probability of testing 74000. As for how much higher it goes after that, unknown, will see how it develops
Summary: Group leader's 70500 short position test trade hasn't been closed (just being stubborn), opened a larger long position in the opposite direction, and set a stop loss accordingly, betting on a trend, even if it comes down I'll reopen the short