BTCUSD not looking too great seems to be a important level here, a break down will probably see us to 8500-8400
We think there would need to be significant news/event in order to move upwards ( for any sustained period anyway ) until the two upper are broken.
Trade :
Short on break below
or
No trade, its not good long entry here, wait for lower
We think there would need to be significant news/event in order to move upwards ( for any sustained period anyway ) until the two upper are broken.
Trade :
Short on break below
or
No trade, its not good long entry here, wait for lower
Note
we have break down, daily close under 9000 will be a good sign for the short trade
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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.
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.