BitcoinUpdated Bitcoin, the only 2 setups you need.
BTCUSD / 1D
Hello traders, welcome back to another market breakdown.
Replying to some requests to update the Bitcoin chart from last idea.
Bitcoin has been trading in a down trend. However, the price has been stuck inside a range. Therefore, there 2 possibilities here:
Bulls want a short squeeze setup to for bears to buy back their shorts.
Bears want a break of the lows and a possible measured move lower that would take us to the 10k-12k levels.
Checkout the chart for triggers on both sides.
Trade safe,
Trader Leo.
Hello traders, welcome back to another market breakdown.
Replying to some requests to update the Bitcoin chart from last idea.
Bitcoin has been trading in a down trend. However, the price has been stuck inside a range. Therefore, there 2 possibilities here:
Bulls want a short squeeze setup to for bears to buy back their shorts.
Bears want a break of the lows and a possible measured move lower that would take us to the 10k-12k levels.
Checkout the chart for triggers on both sides.
Trade safe,
Trader Leo.
Note
Non of the sutups are triggered
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.
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.