BTC has been pulling back for a couple days now looking for the daily hgiher low to form, and I personally find the most clarity on the 12H chart. The bull move and pullback are significant enough to anticipate the most likely scenario is a bounce to a 12H lower high. If bulls can get over $8,000 we will be shaping up for an equilibrium.
I personally had 2 of 4 bids filled 7,755, 7710. I was using daily EMA support as a guide and had bids from these levels down to $7,600. I have two choices... sell half and put my stop under the current low to ensure small profit worst case scenario, or stick with a bit higher risk/reward and hold for 8k+ anticipating the 12H lower high. We still have not changed the hourly trend so I will likely wait an hourly or so before I make a decision. This current bounce is very similar to the hourly bounce yesterday that started strong and quickly dumped to lower lows.
A mid day video in 7 hours will update what I have chosen to do!
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.
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.