Bitcoin is in an uptrend riding a trendline after breaking a down trend line. It consolidated after down trend so we can expect this up trend as strong trend in DTF. Scalpers can also use this opportunity. However, they should only look for upside opportunities in 4H,1H & 15M TF.........
As the market will go up it star creating demand zones in conjugation with the trend line. So, we should only look for buying opportunities bcz, in an uptrend supply zones are weak so, they will simply does not work . Thats why my recomendation is don't look for selling possitions now.
As the market will go up it star creating demand zones in conjugation with the trend line. So, we should only look for buying opportunities bcz, in an uptrend supply zones are weak so, they will simply does not work . Thats why my recomendation is don't look for selling possitions now.
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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.