BTC/EUR - still waiting for direction confirmation
Update on the previous idea - as we can see, situation has not changed a lot. Price did not manage to break resistance, but also - it did not go down from it.
So options are the same:
If price will break the level and go up - then you can enter long position (stop loss should be below 9390 level, target - around previous high at 10500).
If the price will not manage to break this level, most likely it will try to test support level at 8040 zone. This level is quie strong, because it stands from 30 April.
If you want to trade Crypto with low fees - try Binance: binance.com/en/register?ref=19891733
Link to earlier idea:
So options are the same:
If price will break the level and go up - then you can enter long position (stop loss should be below 9390 level, target - around previous high at 10500).
If the price will not manage to break this level, most likely it will try to test support level at 8040 zone. This level is quie strong, because it stands from 30 April.
If you want to trade Crypto with low fees - try Binance: binance.com/en/register?ref=19891733
Link to earlier idea:
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.