BTC, time to SHORT and wait for a LONG.
It looks like BTC broke out of an ascending wedge after a strong upward movement for 10 days,
The next support level is in the 4000 range.
# If the 4000 support holds strongly and we get a strong bounce with a nice volume then we'll likely continue up to the 4800-5000 range
# If the 4000 support doesn't hold and we break below it & below the cloud then we'll likely continue down to the 3500 range
which is a strong previous support level + an uptrend.
and so the 3500 range will be a better entry for a long position.
I'd Like to hear your opinions.
The next support level is in the 4000 range.
# If the 4000 support holds strongly and we get a strong bounce with a nice volume then we'll likely continue up to the 4800-5000 range
# If the 4000 support doesn't hold and we break below it & below the cloud then we'll likely continue down to the 3500 range
which is a strong previous support level + an uptrend.
and so the 3500 range will be a better entry for a long position.
I'd Like to hear your opinions.
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.