Using BTC Channels to Buy the Dips in Bitcoin
Three main channels I'm seeing (the third will take some time to play out)
Oct 21-Dec 15 12,000 to 19,200
Dec 16 - Jan 1 19,200 to 29,200
Jan 2 - Today 29,200 to 39,700 (today's open)
What's interesting is look at all those wicks in the 2nd channel.
That's where I am setting my LIMIT ORDERS
I have been reading that institutions were buying from 30-34, which makes sense. Retail likely got shook out in that last major correction.
Oct 21-Dec 15 12,000 to 19,200
Dec 16 - Jan 1 19,200 to 29,200
Jan 2 - Today 29,200 to 39,700 (today's open)
What's interesting is look at all those wicks in the 2nd channel.
That's where I am setting my LIMIT ORDERS
I have been reading that institutions were buying from 30-34, which makes sense. Retail likely got shook out in that last major correction.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.