Ideas for BTC
Ideas are self explanatory
if we cant reclaim poc we're going lower, might see a wick above it and fail to hold it, like we did above 50k, which lead us to this dump.
Key level to watch is the highs of the channel we're in, and a potential SFP of the range & the bottom of the sell off.
Until we reclaim some major levels im bearish. 53k would be a good sign of strength, but to come back inside the range at 56-59k would be better for the bulls.
if we cant reclaim poc we're going lower, might see a wick above it and fail to hold it, like we did above 50k, which lead us to this dump.
Key level to watch is the highs of the channel we're in, and a potential SFP of the range & the bottom of the sell off.
Until we reclaim some major levels im bearish. 53k would be a good sign of strength, but to come back inside the range at 56-59k would be better for the bulls.
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.