Quick update here
Some people have been messaging me asking me what to do here
Well, we are still in a range :
Above us we have the daily and the fib golden pocket (from 63 to 64k)
Below us we have the monthly and the daily at 57.5k
You shouldn't take trades here in the middle of the range, you'll just lose money and get frustrated
Yesterday we bounced off the fib golden pocket, which was a long opportunity, but that's it.
If you're looking for a trade, wait for BTC to reach either side of the range.
If we get to the highs at around 64k for example, if you see a rejection it's a short, if you break above and retest as support look for longs
Same thing to the downside
Any questions?
Good luck traders
Remember not to break your rules
Habib
Some people have been messaging me asking me what to do here
Well, we are still in a range :
Above us we have the daily and the fib golden pocket (from 63 to 64k)
Below us we have the monthly and the daily at 57.5k
You shouldn't take trades here in the middle of the range, you'll just lose money and get frustrated
Yesterday we bounced off the fib golden pocket, which was a long opportunity, but that's it.
If you're looking for a trade, wait for BTC to reach either side of the range.
If we get to the highs at around 64k for example, if you see a rejection it's a short, if you break above and retest as support look for longs
Same thing to the downside
Any questions?
Good luck traders
Remember not to break your rules
Habib
