Looking at Daily chart, and placing settings to % shows interesting development.
Even though, I felt that 62k was medium-term selling area, and stop-loss 66k, I feel that we should re-sell now current 67k.
The percentage movements observed, shows that previous BTC high had lower % level compared to current situation, and the decline was swift as well.
I think selling seems on the saver side than buying is my humble opinion. Keep stops within reasonable and not too costly levels.
Even though, I felt that 62k was medium-term selling area, and stop-loss 66k, I feel that we should re-sell now current 67k.
The percentage movements observed, shows that previous BTC high had lower % level compared to current situation, and the decline was swift as well.
I think selling seems on the saver side than buying is my humble opinion. Keep stops within reasonable and not too costly levels.
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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.