Wyckoff Accumulation Under Threat?
Recent price action not showing any kind of buying strength since the lowest low on 6/25. If 
BTCUSD price would sink below 32600, then we could see a deep price erosion toward 23k and take out traders placing their stops below the lowest low zone. On the other hand if BTC could break above 36,500 level, then I would be more convinced the 6/25 low is set and is safe to place fresh bids. Right now the risk is still relatively high to add more coins.
BTCUSD price would sink below 32600, then we could see a deep price erosion toward 23k and take out traders placing their stops below the lowest low zone. On the other hand if BTC could break above 36,500 level, then I would be more convinced the 6/25 low is set and is safe to place fresh bids. Right now the risk is still relatively high to add more coins.
Aviso legal
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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.