Bitcoin, in which case will I sell my positions?
Yesterday Bitcoin made a false breakout of the $51,900 level, which is the upper boundary of the trading range. The price was then corrected by 6%. This is not a good signal. Bitcoin is now in a difficult situation.
There are two main scenarios to consider:
- The first and best scenario is if the price comes back and squeezes near the $51,500 level, this would be a very bullish signal for a breakout of the upper range boundary and a continuation of growth;
- The second scenario, if the price comes down and closes below $57-56K, then it is very likely that it will continue to fall and hit the low of 42K.
As you already know from previous ideas I bought some altcoins and I would be very happy if the price goes in the first scenario. In case the price closes below $56-57k levels I will most likely close my positions.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
There are two main scenarios to consider:
- The first and best scenario is if the price comes back and squeezes near the $51,500 level, this would be a very bullish signal for a breakout of the upper range boundary and a continuation of growth;
- The second scenario, if the price comes down and closes below $57-56K, then it is very likely that it will continue to fall and hit the low of 42K.
As you already know from previous ideas I bought some altcoins and I would be very happy if the price goes in the first scenario. In case the price closes below $56-57k levels I will most likely close my positions.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
Get access to the private club with VIP signals
👉 bit.ly/vip_bikotrading
🔷Telegram 👉 t.me/+ICrmLIneDmRiYjIy
🔷YouTube 👉 bit.ly/YouTube__Lessons
👉 bit.ly/vip_bikotrading
🔷Telegram 👉 t.me/+ICrmLIneDmRiYjIy
🔷YouTube 👉 bit.ly/YouTube__Lessons
Publicações relacionadas
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.