BTC Sunday Update

BTC/USD,  Weekly - Daily Neutral

Evening everyone, thought I’d post up a BTC update as I’m going to play golf tomorrow morning.

Hyblock: I have posted the 7-day and the 3-month charts. The 7-day is showing some nice levels at the $26,400 which is right under the consolidation from the end of March to the start of April and $30,300 which is above the wick from last week. The 3-month is showing some decent ones still above the recent high at $31,200, and on the downside, it’s $25,000 and $22,000.

I have been keeping a closer eye on the 7-day one to see if I can use that for my trading on intra-day with also keeping an eye on the HTF heat maps.

BTC:  I am looking for the sweep off the highs around the $30,300 area. So if we get there and sweep that area and can’t close above, then I’ll be going into the H1 for a short setup. If we do start closing above that area, then I’ll be looking for the high at $31,200 to see how we react in that area before doing anything. We may roll over from here without even sweeping the highs, but my probability is we gotta sweep some highs if we are going to start heading down as the levels on the 3-month heat map look so juicy.

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