Bitcoin Range | Possibly heading lower? | BTCUSD Sell Scenario
Hi guys. take a look at this range I marked out.
Expecting price to test the other side.
Ideally I don't really want price to go above the yellow box.
If you don't want to take much risk, wait until price is back in range again, as it will then likely test the lower bound (3449) again; after that possibly the blue pyramid.
Expecting price to test the other side.
Ideally I don't really want price to go above the yellow box.
If you don't want to take much risk, wait until price is back in range again, as it will then likely test the lower bound (3449) again; after that possibly the blue pyramid.
Nota
Make or break moment for BTC.If it convincingly goes and closes above the yellow box, i suggest closing all your btc short positions if you have some, at least until it is back in range again.
Psychologially speaking. it's at a maximum pain point. Which could be a good thing to trap in longs.
Nota
Price did not close above box yet, but i suspect it will.The lack of reaction, is a bullish sign
Trade fechado: stop atingido
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.