BTC 1D, what can happen?
I got some things to tell you. We got here 3 local zones:
a) accumulation (golden zone);
b) resistance (red zone);
c) resistance break out (green zone), where the price can rapidly go high;
Also we got here (subjective) downtrend line (golden line).
We can accumulate for some time in a golden zone. Also there is a little chance that we can break out it down if the seller continues to sell and even before the (golden) trendline. I suggest you to wait for confirmations and at least to see the highest lows. These could be the safest places in my opinion to try LONG positions (green circles). For going all in LONG, BTC would need to break out the resistance at 24 000-25 000$.
a) accumulation (golden zone);
b) resistance (red zone);
c) resistance break out (green zone), where the price can rapidly go high;
Also we got here (subjective) downtrend line (golden line).
We can accumulate for some time in a golden zone. Also there is a little chance that we can break out it down if the seller continues to sell and even before the (golden) trendline. I suggest you to wait for confirmations and at least to see the highest lows. These could be the safest places in my opinion to try LONG positions (green circles). For going all in LONG, BTC would need to break out the resistance at 24 000-25 000$.
Aviso legal
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