Updating my last BTC post:
So, friends, what did we see?
A classic trap for "mediocre" traders.
Big players don't want to buy yet, which is logical, looking at SPY - the market as a whole is bearish.
Buying in it is always an increased risk.
Therefore, let's look further, I don't see any shorts or longs here for myself.
I suggest to look above the 20,500 zone - as long as the price is higher - everything is not so bad.
So, friends, what did we see?
A classic trap for "mediocre" traders.
Big players don't want to buy yet, which is logical, looking at SPY - the market as a whole is bearish.
Buying in it is always an increased risk.
Therefore, let's look further, I don't see any shorts or longs here for myself.
I suggest to look above the 20,500 zone - as long as the price is higher - everything is not so bad.
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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.