BTC has reclaimed the uptrend as recovery period. so we can expect 21k - 21.4k would be a reasonable resistance to continue the bear trend.
I am recommending to set a short position located at 20,974 - 21,431 and target 17.6k.
Further update will be provided.
So I recommend to open a long position at 20,100 to the position I have mentioned.
will see.
I am recommending to set a short position located at 20,974 - 21,431 and target 17.6k.
Further update will be provided.
So I recommend to open a long position at 20,100 to the position I have mentioned.
will see.
Note
Long Position shall be opened. and Cutloss would be at the low of previous wave which is 20,071.TP1/ 20974
TP2/ 21431.5
I recommend you not to keep your position at 21.4k or higher. the risk is a bit high imo.
Note
CL and wait for a better position.
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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.