Bitcoin Range | Possibly heading lower? | BTCUSD Sell Scenario
Hi guys. take a look at this range I marked out.
Expecting price to test the other side.
Ideally I don't really want price to go above the yellow box.
If you don't want to take much risk, wait until price is back in range again, as it will then likely test the lower bound (3449) again; after that possibly the blue pyramid.
Expecting price to test the other side.
Ideally I don't really want price to go above the yellow box.
If you don't want to take much risk, wait until price is back in range again, as it will then likely test the lower bound (3449) again; after that possibly the blue pyramid.
Nota
Make or break moment for BTC.If it convincingly goes and closes above the yellow box, i suggest closing all your btc short positions if you have some, at least until it is back in range again.
Psychologially speaking. it's at a maximum pain point. Which could be a good thing to trap in longs.
Nota
Price did not close above box yet, but i suspect it will.The lack of reaction, is a bullish sign
Dagangan ditutup: hentian 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.