$BTC / $USD Latest Thoughts - #TraderSnek
Yeah.. so.. not great.
Losing 50MA.
Macro environment is shuttering (albeit, rightfully) at literal war.
No Volume at all.
Below diagonal and horizontal confluence support at 40.6k which is also a pivotal S/R area.
Next areas of interest are 38.8k and, more likely, ~37.5k.
First move to regain confidence is to get back above 40.6k.
Stay safe!
Losing 50MA.
Macro environment is shuttering (albeit, rightfully) at literal war.
No Volume at all.
Below diagonal and horizontal confluence support at 40.6k which is also a pivotal S/R area.
Next areas of interest are 38.8k and, more likely, ~37.5k.
First move to regain confidence is to get back above 40.6k.
Stay safe!
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