#BTC July 11
Yesterday's plan is almost finished.
According to ptkt, BTC has broken short-term xh in the h1-h4 frame. And there is a HT area near 568-562 (When the price approaches this area, you can continue to observe or trade short-term). Prices can be tested here this afternoon (CPI is not included). Creating a beautiful background for short-term social growth above the 602-615 range.
Tonight there is CPI news, the influence of MT.gox, Germany, FTX, so lately the price has been a bit chaotic, making it difficult to see an exact price for BTC.
Looking a bit into the past, it could have been a fake break that swept up liquidity and then DUMP strongly back to the expected areas from last month (51-46), so at this range, LONG or SHORT positions were held. are all carefully considered.
#altcoinsare still trending in the short term, but BTC.D is breaking down to 52-50, so some altcoins are quite stiff these days. I still prioritize finding points to short fake pumps so that you can hit both ends.
WISH YOU SUCCESSFUL TRADING!