BitcoinLong
U7 • Bitcoin • The control point where we can...
Updated
Welcome to another "Under 7" minute Bitcoin update.
The 23.2 is currently a very useful control point where trades in both directions can be taken with very clear nearby invalidation levels.
As I walk through the video, you can see how the orders in the books are currently shaping especially around the nearby 20.5 range
I'm still currently Long biased despite here I see a possibility to be heading any long exposure and a possible correction into those lows described in the video.
Down there will offer, I think, the chance to long and return to the Daily trend with a possible target into the 28-32k IF we manage to get past the resistance orders chilling at 25k.
The 23.2 is currently a very useful control point where trades in both directions can be taken with very clear nearby invalidation levels.
As I walk through the video, you can see how the orders in the books are currently shaping especially around the nearby 20.5 range
I'm still currently Long biased despite here I see a possibility to be heading any long exposure and a possible correction into those lows described in the video.
Down there will offer, I think, the chance to long and return to the Daily trend with a possible target into the 28-32k IF we manage to get past the resistance orders chilling at 25k.
Note
D7R
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