Hello Traders,
BTC dumped hard last night and took all the alts with it.
We dropped into a historical demand zone, last time we were here the artificial pump followed by the rally to 9500 happened - actually I'm not suprised that we are here, only how fast we got here.
The next Days/Wekks will be crucial to Bitcoin. If this demand zone, that goes as low as 6350, doesn't confirm itself as a zone of confluent support, the next real interesting pricelevel to watch closely will be 5800-600 - and 4300 below that.
Still in Short positions from 7200, but definitely hedging a lot around 6600!
Good Luck
BTC dumped hard last night and took all the alts with it.
We dropped into a historical demand zone, last time we were here the artificial pump followed by the rally to 9500 happened - actually I'm not suprised that we are here, only how fast we got here.
The next Days/Wekks will be crucial to Bitcoin. If this demand zone, that goes as low as 6350, doesn't confirm itself as a zone of confluent support, the next real interesting pricelevel to watch closely will be 5800-600 - and 4300 below that.
Still in Short positions from 7200, but definitely hedging a lot around 6600!
Good Luck
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.