Hi there.
BTC went to the only case i didn't talk about in last post.Sadly my previous idea is failed.
Only one thing came true,it did went big move after my sleepy post :)
Suggestion: Long
Reasons:
1. Hit local downtrend support
2. Hit daily big uptrend support
3. Standing above global red resistance
So far i can't tell BTC is preparing a bull run or a fib drop in general from 9000-10000 this huge range zone.
But for now set up long with tight stop loss under the support as a clear drop alert.
If alert pass through we know BTC is going down.This is one way to solve the uncertain situation :)
Please comment and share.
Thank you for your time.
Alex Wang
BTC went to the only case i didn't talk about in last post.Sadly my previous idea is failed.
Only one thing came true,it did went big move after my sleepy post :)
Suggestion: Long
Reasons:
1. Hit local downtrend support
2. Hit daily big uptrend support
3. Standing above global red resistance
So far i can't tell BTC is preparing a bull run or a fib drop in general from 9000-10000 this huge range zone.
But for now set up long with tight stop loss under the support as a clear drop alert.
If alert pass through we know BTC is going down.This is one way to solve the uncertain situation :)
Please comment and share.
Thank you for your time.
Alex Wang
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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.