#TradersLeague 6.18 Market Overview: BTC Volume-Price Divergence + Multiple Bottoms

#TradersLeague
6.17 Market Overview: BTC Daily Line Continues to Rise
$BTC The large cake opened this morning with long upper and lower shadows and a solid bullish candle, marking two consecutive daily gains; the bulls and bears continue to engage in back-and-forth battles, with the market maker executing a Double Kill.
In the 4H view, both the bottom and top of the large cake are rising. If there is an opportunity to retest 10.63 without breaking below, the bullish trend will continue. We see that both the bottom and top are rising; the bottom cannot break a new low, which is around 10.43. If it breaks below, it will switch to a bearish trend; resistance levels at the top are 10.82, 10.9, and 11.02.
10.68-10.63 has turned from previous resistance into support. We are waiting for a retest of 10.63; if it holds, we will continue to enter long positions. The stop loss is at 10.57, with targets at 10.78 and 10.85; conversely, if a large bearish candle breaks below 10.63, we will enter short positions, with a stop loss at 10.68 and targets at 10.51 and 10.43. Similarly, the reason for not shorting if 10.68 breaks is to prevent false breaks and to keep a position, which may yield less profit but is safer and more stable. What do you think?
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