BTC-USD Long at 17.6K or short at 20.7K
BTC 4H
the lower line of our descending channel could hold the price, thats good! very strong channel!! now price is trying to get right above our support zone!! something around 19.000 to 19.300!!!
if we get the bounce
I will be pl;acing a short position right at 20.700 strong resistance!! (Multiple resistances)
if price breaks support 19K
I will be placing a long position right at 17.600
thats what I will be lookinf to trade, placing a long or short at this poing is like flipping a coing!! 50% 50% chance
the lower line of our descending channel could hold the price, thats good! very strong channel!! now price is trying to get right above our support zone!! something around 19.000 to 19.300!!!
if we get the bounce
I will be pl;acing a short position right at 20.700 strong resistance!! (Multiple resistances)
if price breaks support 19K
I will be placing a long position right at 17.600
thats what I will be lookinf to trade, placing a long or short at this poing is like flipping a coing!! 50% 50% chance
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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.