bitcoin:native starts the new week with a rejection from the 80.5K PDH. Nice first tap of our short-POI as shared last week, if you were an early bird and shorted the Asia session, GG. It's a U.S. bank holiday today, so I'm expecting a slow day. Your data should tell you if you're allowed to trade on bank holidays. My short-POI got triggered and Bitcoin sold off + took out the 79.2K PDL. This means the probability that 80.5K holds for today is high. I'm looking at two long-scenario's, both after the trigger if the POI gets tested. The first one is the sweep of the 78.6K low, lots of SSL there + it induces sellers. If we sweep and get a nice bullish trigger, I'm longing it. Same goes for the region between the range POC and VAL, this lays between 76.7K & 77.4K. Testing that region is a trigger to start looking for longs again, same approach as the first scenario. Higher retests of the 81K region are still valid for shorts after the trigger if we get there. Best case we get a slow day and test our POI's after the bank holiday today.(Lennaert Snyder)