BTC pin point rejection of the 79.3K range-high. Nice to see how Bitcoin, no matter the volatility, respects the levels we identified. As I shared on Friday, 79.3K is where I started to look for shorts, and I executed after the rejection of the wick at around 78.1K. I'm already taking 20% in profits off the table and putting my SL to BE. Why do I do that? This last dump pulled sellers into the market, so the 77.6K high might get swept before a next leg down. If it gets swept, price is close to my entry and we also might get a new high, so I want to be safe there. A next short scenario that could occur, is that we get a range deviation above the 79.3K range-high. This often happens when these levels become too visible. For longs I'll start looking at mid-range around 72.5K. Only after the trigger since this pump pulled lots of fomo-buyers into the market. Not adding positions today due to weekend liquidity, plan is clear for next week.(Lennaert Snyder)