Hi
BTC is in the channel and testing channels parallel support, resistance levels and also a key resistance which is getting weaker with every touch.
So now we are in pretty much no trade zone, waiting for price action to show us what do do next.
If Bitcoin breaks key resistance then we could see skyrocketing up to 14k.
If Bitcoins leaves that channel, we should put our stop-loss at pointed levels because the price would most likely hit a strong / key support zone.
BTC is in the channel and testing channels parallel support, resistance levels and also a key resistance which is getting weaker with every touch.
So now we are in pretty much no trade zone, waiting for price action to show us what do do next.
If Bitcoin breaks key resistance then we could see skyrocketing up to 14k.
If Bitcoins leaves that channel, we should put our stop-loss at pointed levels because the price would most likely hit a strong / key support zone.
“If you personalize losses, you can't trade.”
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.
“If you personalize losses, you can't trade.”
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.