Good day folks,
More I look at the chart, more I think that there is a big move coming in BTC. Looks like BTC is making a reversal pattern, however, it remains a bit early to tell imo.
Bullish scenario 1 (green): this is my favourite as it would be a cheaper and safer entry. Also, the chart still looks bearish in the short-term. I would initiate a long position around 3200.
Bullish scenario 2 (purple): if it continues to bull for the next few weeks, we could have a breakout of 4200. In this case, I would open a long.
Bearish scenario: well, if 3200 doesn’t hold, next support is at 2000.
Thank you,
More I look at the chart, more I think that there is a big move coming in BTC. Looks like BTC is making a reversal pattern, however, it remains a bit early to tell imo.
Bullish scenario 1 (green): this is my favourite as it would be a cheaper and safer entry. Also, the chart still looks bearish in the short-term. I would initiate a long position around 3200.
Bullish scenario 2 (purple): if it continues to bull for the next few weeks, we could have a breakout of 4200. In this case, I would open a long.
Bearish scenario: well, if 3200 doesn’t hold, next support is at 2000.
Thank you,
Nota
Bullish scenario 2 is out of the question; so let's see if 3200 hold.Dagangan ditutup: sasaran tercapai
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.
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.