I don't personally trade Bitcoin, but we were talking about this is our chat forum earlier and wanted to share my thoughts. We've just had a nice bearish Head & Shoulders completion. which is a classic reversal pattern. Price has broken the neckline and the question that we want to ask ourselves now is "where will it stop falling at?" Starting at the 8K level is where we have our previous structure support zone starting at. So for anybody looking for longs, IF price comes down into this zone THEN I would start thinking about what you need to happen next in order to involve yourself in a long trade.
Akil
Akil
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Learn About Our Courses, Community & Coaching at
tieronetrading.com/
The Trading Coach Podcast
anchor.fm/thetradingcoachpodcast
Free Trading Computer Guide - tradingcomputerbuyersguide.com/optin-629312741738938873920
tieronetrading.com/
The Trading Coach Podcast
anchor.fm/thetradingcoachpodcast
Free Trading Computer Guide - tradingcomputerbuyersguide.com/optin-629312741738938873920
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.