Bitcoin

Bitcoin- What I would like to see to open a trade (buy or sell)

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Yesterday I said that BTC doesn't show any power to the upside, but, even if I'm bearish overall, let's be honest, bears are also dead and lack conviction.
So, at this moment, I sit and wait with a clearlettingin my mind:

1. Bullish scenario:

anlık görüntü

What I would like to see for opening a buy trade is a false break under the range's support (28.500) and a strong reversal back inside the range and above 30k. That for me is an indication that bulls are not letting Bitcoin drop and this is accumulation.

2. For a sell trade:

anlık görüntü

Would be exactly the opposite, a false break above 31k resistance and a quick drop around support. That for me is a sign that this was distribution.

For the obvious reasons, I will not trade the break in Bitcoin's case at this moment

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.