As I said yesterday in my post, we could get a relief rally to 36-38k before going lower.
This is exactly what happened, and now BTC broke below 33k and is most likely going for the retest of the 30-31k area.
If we see a rejection of this level we long, if we don't, we look for shorts.
Here we are in no man's land so no trade in my opinion, wait for the 30-31k level reaction.
Any questions?
Good luck traders
Remember not to break your rules
Habib
This is exactly what happened, and now BTC broke below 33k and is most likely going for the retest of the 30-31k area.
If we see a rejection of this level we long, if we don't, we look for shorts.
Here we are in no man's land so no trade in my opinion, wait for the 30-31k level reaction.
Any questions?
Good luck traders
Remember not to break your rules
Habib
Related publications
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.
Related publications
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.