BTC Bitcoin Technical Analysis

Taking a look at Bitcoin BTCUSDT. It has traded down to a key level on the weekly and currently ranging sideways. I'm looking for a trade opportunity i.e. a break and re-test of the current balance area. My overall bias is bearish in the HTF however given that we've traded down to a big level and price looks over-extended I can see that there's room for this to retrace so we might see a bit of upside. This will only be confirmed with a breakout, retest and fail of the current range. Not financial advice trading is risky please make sure you have your risk management in place at all times.

fxtraderanthony

🚀 ENHANCE YOUR TRADING!!

👀 👉 HERE'S HOW I TRADE FOR A LIVING - video:
🔗 youtu.be/wUBswvlOttw
👀 👉 MORE Trade Signals on Telegram:
🔗 t.me/anthonys_forex

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.