Potential Bullish BTC 10 May 2022
The lowest point of today is around 30k.
Currently we are at 31600 and the highest point of today was on 32600.
Based on this, there are 2 scenarios which can be applied, both bullish .
The reason behind the bullish recovery for today, is that yesterday we had a movement of almost 12% going down, so from historical prediction(not 100% accurate) we can expect
that today today is going to be a bullish candle.
So for entry point we can see that POC volume area is around 31850, so based on this we can have 2 opportunities
1-> we enter long at current point of 31600 and we scalp a potential up to 32000
2-> we wait for the price to get around 31000, and enter there in the wait of a rebounce
In both cases we can use the stop loss on 30600.

