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NY SESSION

Daily theses and ideas

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What happened last session?

* last session price did not move much when session has opened

* and as I mentioned in previous analysis price went up, but not strong enough to take resistance level during the session

* Powell speech made price to go higher and sell off to take late longs before relying again.

* we can see that after sell of green candle with higher volume is confirmed for a leg higher.

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Current BTC price 4H TF

* BTC price is currently above the middle of the W that it made as a double bottom and retesting it.�* Since we do not have any significant data today for NY session, Price can not take us to 60.5k level after this retest

* Flash down to take that wick that it made y-day would be good to long if it reclaims current level or retest of green bands

* Price also did not make lower wick in previous 4h green candle

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Current 15 min TF

* losing current level might take us to the low that I mentioned as a 4H wick and holding above it confirms that we are holding 4H bands

* Bands turned into red in 15min and turning them green without going lower might confirm for tmr leg up to 60.5k level

* I have couple ideas for day trading if we start the Session with sell of

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Short trade idea for BTC

* First red path is if we start the session with higher vol. Sell off and retest resistance level is a good place to short, but vol. Levell should be low than avr. Or at least avr.

* Purple path is if we start the session with green, but follow with red candle with higher vol.

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Long ideas for BTC

* while I was writing short ideas, price has already started moving to a 4H wick level and I drove couple paths, if we get to that level

* for green path we should see price taking wick lev. and then reversing with higher vol. Couple candle consolidation before going to resistance level

* Yellow path i based on small bounce at the open and then going lower for longing opportuinities