CrediBULL Crypto
CrediBULL Crypto|Sep 02, 2025 22:35
Right so we've been holding up at local range highs for some hours now and other alts are looking quite perky here. XRP as I just shared in a recent post looks ready for a rally, ETH looks primed as well for a move up to 4700 (has left behind equal lows, not sure if we will take them before or after the relief rally) and Bitcoin itself looks like we could get a push to 117k+ if we can hold here. The built up lows in the chart below on BTC are likely to be taken- that I am pretty confident about. What I am not confident about is if they will be taken BEFORE or AFTER this relief rally that seems to be brewing across the board right now. And for this reason, I have decided to exit my short scalp in slight profits. I will instead now look to enter a long below 107.2k on a sweep of these built up higher lows OR a potential short somewhere above 117k. It's also worth noting if we clean up the lows below us BEFORE a relief rally that could mark our HTF bottom but if we instead move up for relief BEFORE taking the built up lows it could indicate a deeper pullback if/when we return for the lows after. Now we wait for either 107.2k or 117k+ BTC ⌛️(CrediBULL Crypto)
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