BITCOIN - Do NOT take a position YET! (Updating)
Updated
The price is tied between our strong support zone the current resistance formed by lower highs during the past weeks.
This is obviously not the best time to take a position. The market is undecided with decreasing volume.
The next big move will give es an idea of where bitcoin is heading in the next weeks. We will open our position as the momentum occurs - from this point we will analyze our possible targets. Either up or down.
Leave a thumbs up if you like my idea and let me know what you think!
This will keep me motivated :-)
Disclaimer:
Any opinions, chats, messages, news, research, analyses, prices, or other information contained in this Idea are provided as general market information for educational and entertainment purposes only
This is obviously not the best time to take a position. The market is undecided with decreasing volume.
The next big move will give es an idea of where bitcoin is heading in the next weeks. We will open our position as the momentum occurs - from this point we will analyze our possible targets. Either up or down.
Leave a thumbs up if you like my idea and let me know what you think!
This will keep me motivated :-)
Disclaimer:
Any opinions, chats, messages, news, research, analyses, prices, or other information contained in this Idea are provided as general market information for educational and entertainment purposes only
Note
If we close below our major support zone, which is sitting around 9700 USD, we will open a short position.Note
What a nasty price drop!Note
We've reached our "Next Support" - i will update this idea as soon as possibleNote
Strategies, Insights & Education: t.me/KOLAcademy
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