btc finding support at 54k is a sign of strength
according to wykoff theory it can still be a bull trap.
this bulltrap is in the form of this bearflag that we are forming right now.
the sweep of 60k would provide a short scalp from the buying climax at 61-62k to swing long trade if we are to change into a bullish structure.
if we are to turn bullish we need to break 60k and the pullback should be at around 58-57k number is based by fundamental key levels.
if the breakout fails and we want a bullish scenerio we'd like to have a good stop of the downtrend at 52-53k
a sign of weakness and a bearish scenerio will be a climax and a sweep of levels towards our support of 49k
according to wykoff theory it can still be a bull trap.
this bulltrap is in the form of this bearflag that we are forming right now.
the sweep of 60k would provide a short scalp from the buying climax at 61-62k to swing long trade if we are to change into a bullish structure.
if we are to turn bullish we need to break 60k and the pullback should be at around 58-57k number is based by fundamental key levels.
if the breakout fails and we want a bullish scenerio we'd like to have a good stop of the downtrend at 52-53k
a sign of weakness and a bearish scenerio will be a climax and a sweep of levels towards our support of 49k
Dagangan aktif
filled 62400 shortstoploss is breakeven
its bears turn to either show strength or let bulls take over
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.