BTC Bottom Reached? Reversal coming?
4H parallels trend broken, volume is extremely strong and basically see not much of sellers at the moment.
Interesting to see that 1D timeframe is touching the limit, daily closing above 32k would signal a reversal.
Verdict: Long 4H timeframe, wait to re-enter at 31k.
Interesting to see that 1D timeframe is touching the limit, daily closing above 32k would signal a reversal.
Verdict: Long 4H timeframe, wait to re-enter at 31k.
Trade closed: target reached
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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.