Bitcoin - second wave down?
Updated
In the last idea, I said that a squeeze and break of the $41,784 level would be a good selling opportunity. As a result, it did so. Big players gathered liquidity below the whole local range.
There is volume on the bottom, but I don't know if that volume will be enough to stop the downside. Returning and closing the price inside the range would be a positive signal. In doing so, the price could make another impulsive move downwards.
At the moment there are no clear entry points, so it is worth waiting for good opportunities to open a position.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
There is volume on the bottom, but I don't know if that volume will be enough to stop the downside. Returning and closing the price inside the range would be a positive signal. In doing so, the price could make another impulsive move downwards.
At the moment there are no clear entry points, so it is worth waiting for good opportunities to open a position.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
Comment
Get access to the private club with VIP signals
👉 bit.ly/vip_bikotrading
🔷Telegram 👉 t.me/+ICrmLIneDmRiYjIy
🔷YouTube 👉 bit.ly/YouTube__Lessons
👉 bit.ly/vip_bikotrading
🔷Telegram 👉 t.me/+ICrmLIneDmRiYjIy
🔷YouTube 👉 bit.ly/YouTube__Lessons
Related publications
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.