$BTC Not enjoying the price action early in BTC, or crypto in general. It's not clean—choppy and remarkably weak given USD belted and risk-on. We saw a brief rally on Monday to ~72.2k and thats all folks. Monday's open should serve as my pivot for the week: long above, short below, tight risk—especially with NFP on deck and a preemptive warning it may look weak. I suspect crypto will be the number one vehicle to express a surprise downside in US employment, the way it's trading. Be aware.
Tom Capital
@Tom__Capital
$BTC
My plan for the week ahead
Stoch crosses, pointing to sideways consolidation or upside continuation over the next week or so
Daily and Weekly Stochastics are resetting from oversold – classic setup for a potential bounce if we close above~$70.2K (weekly) Daily already
Sector:
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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