If PA can hold above the POC( Red dashed line), its possible we could see a break of the VAH/Upper trend line. If said PA is to take place, I'd be looking for a pull back too the trend/VAH with a solid positive reaction (ex. swing failure or failed auction) for a long position. Entry is dependent on the reaction and information present at the time of the reaction, if it appears to be weak, no trade.
Komen:
PA reacted nicely at the POC, and as mentioned prior, gave us a break past the VAH and upper trend line. Would now like to see test of the trend /VAH .
Komen:
It may be worthy to note that with BTCs current volatility, and if she keeps ripping upwards, PA may not see the pull back I'd like to see
Komen:
And there you have it, pull back is in !