BTCUSD - alternative possibility
I just realized that perhaps BTC did not flip directions on Sep 18th. A Directional Change was also due which can be in the direction of the forecast move or opposite it. These Directional Changes usually last 1hr or 2hrs followed by the continuation of the previous trend.
So, basically, BTC could potentially RALLY strong from this moment forward and NOT test $9400 just yet.
Either way, these are not trade-able moves! The LONG entry is the $9400 area and the SHORT entry is $10645-$10933.
So, basically, BTC could potentially RALLY strong from this moment forward and NOT test $9400 just yet.
Either way, these are not trade-able moves! The LONG entry is the $9400 area and the SHORT entry is $10645-$10933.
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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.