#REVIEW BITCOIN
First long target was reached and if you have opened a long, I recommend to close it until the situation becomes clear. Bulls are struggling to gain a momentum, while bears are killing the order-book. Convergence is in play and huge gap is above, however, the price is moving to $8500 region again.
If it reaches and breaks this support, this will be the third attempt and usually third attempt is successful. In this case I suggest to open a short in order to visit $7700 - $7900 area. If not, we can always open a long a bit higher.
First long target was reached and if you have opened a long, I recommend to close it until the situation becomes clear. Bulls are struggling to gain a momentum, while bears are killing the order-book. Convergence is in play and huge gap is above, however, the price is moving to $8500 region again.
If it reaches and breaks this support, this will be the third attempt and usually third attempt is successful. In this case I suggest to open a short in order to visit $7700 - $7900 area. If not, we can always open a long a bit higher.
Nota
Please see updates from my recent ideas -
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.