Bitcoin touched the Weekly Range Middle which is very close to the Monthly Range Middle
A bounce had a high chance but due to low volume, the bounce is not great ( yet )
Options expired today which caused a little pump, lets see what happens later but I don't expect much untill after New Year when Pro traders step back in.
I didn't take the trade because I want to see 52k ( even 53.5k ) acts as support before I get in.
Personnaly with the resistance above ( Res 1-4 ) I think we need some volume from lower, which I think would be the green line
If not, that the Weekly Range Low is our next target where I would buy the wick below the level
For now, I stay out of the market and watch.
Happy New Year everybody
A bounce had a high chance but due to low volume, the bounce is not great ( yet )
Options expired today which caused a little pump, lets see what happens later but I don't expect much untill after New Year when Pro traders step back in.
I didn't take the trade because I want to see 52k ( even 53.5k ) acts as support before I get in.
Personnaly with the resistance above ( Res 1-4 ) I think we need some volume from lower, which I think would be the green line
If not, that the Weekly Range Low is our next target where I would buy the wick below the level
For now, I stay out of the market and watch.
Happy New Year everybody
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.