BTC trade idea

The price fell to the zone of daily consolidation (8800-7880), which I described in my ideas. This hints at growth, as there will be a set of positions. According to the CCI, a double bottom is visible, just 2 times the level of -200 is broken, this is a good signal for growth. The growth is likely to be to the zone of hourly consolidation (8650-8700). There, if a new consolidation is formed, ideally with a price action (bull absorption), then there will be an increase to 8800. If there is a rollback, then it will be up to 8500.

It is also seen that a local bearish trend has formed. If the price repels from it, then it will fall to 8400.