Hi FInancials,
Lets take a quick look at
BTCUSD
After a positive movement from U$9800 to U$11100, We cannot see a clear trade here.
If we think about shorting, We have all the moving averages below the price.
If we think about longing, We don't have the volume at all, and also, Bitcoin is just near the downtrend line.
So, the risk/reward ratio is not ok for the moment.
On the major time frames, We are bullish, so..
This is just a quick trade vision.
FINANCIAL MOVE CRYPTO
Lets take a quick look at
BTCUSDAfter a positive movement from U$9800 to U$11100, We cannot see a clear trade here.
If we think about shorting, We have all the moving averages below the price.
If we think about longing, We don't have the volume at all, and also, Bitcoin is just near the downtrend line.
So, the risk/reward ratio is not ok for the moment.
On the major time frames, We are bullish, so..
This is just a quick trade vision.
FINANCIAL MOVE CRYPTO
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Related publications
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.