BTC is holding the black trendline support.
It is highly likely to stay on this level and bounce.
if it doesn't and closes below 35D MA (This one is one of my secrets that I am sharing with you all.)
THE 35D MA works like a charm in 2 hour chart for long and short entries.
It can be very useful for scalping BTC.
So coming back to the chart. If price closes below this MA. Below $54,300. BTC may reach the 52k level (Scenario 2 ) bouncing off the neckline of the head and Shoulders pattern.
So look for entries on both levels, $51500 fo $54600.
If you haven't opened long yet.
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Trade safely
#PEACE