One could roll the dice on Bitcoin, once we hit that support zone between 30k and around 28.5k and speculate on a reflex rallye. Trade setup TP is put on the .50 fibonacci retrace of the last mark down. Would be a decent reflex rallye. Stop below 28.5k support and pull the stop on entry once bitcoin shows some bullish momentum to be safe to the downside.
Hallo und herzlich Willkommen bei 10xTrading -
Dein Kanal, rund ums Thema Charttechnik !
Also on:
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.