$BTC profitable range for swing traders

11 thg 9, 2022

BTC moving as planned thus far: stopping at all expected levels on the 1D chart.

I'm interpreting this chart as BTC forming and moving in a HTF range. I am not reading anything bigger (like macro trend reversal) into the recent move.

This is a profitable range for swing traders. 2017 high is strong support so great long opening, and several obvious TP points along the way. Vice-versa also being the case with shorts.