#Bitcoin - thoughts out loud #18
Updated
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Good evening, we are from Ukraine!
I want to continue my opinion and vision of the current situation on the cryptocurrency market on the example of this asset.
After the false breakout and liquidity withdrawal, I would like to draw special attention to the increased volumes and the price's rapid return to trading margin. At the moment, this is not enough, there is no confirmation. At this stage of the situation, we can partially open a position (5-10%). Then monitor the situation and add the rest of the volume if the buyer's test is successful and there is activity from professional operators, i.e., the asset needs a force to move the price to the next liquidity (price range 23300 - 24300).
The mood is long, that's the only way.
If the current situation does not meet the current criteria, I expect the asset to depreciate to 19000.
Thank you all for your attention, I wish you success, and remember:
Sometimes you win/sometimes you learn.
#Bitcoin
Good evening, we are from Ukraine!
I want to continue my opinion and vision of the current situation on the cryptocurrency market on the example of this asset.
After the false breakout and liquidity withdrawal, I would like to draw special attention to the increased volumes and the price's rapid return to trading margin. At the moment, this is not enough, there is no confirmation. At this stage of the situation, we can partially open a position (5-10%). Then monitor the situation and add the rest of the volume if the buyer's test is successful and there is activity from professional operators, i.e., the asset needs a force to move the price to the next liquidity (price range 23300 - 24300).
The mood is long, that's the only way.
If the current situation does not meet the current criteria, I expect the asset to depreciate to 19000.
Thank you all for your attention, I wish you success, and remember:
Sometimes you win/sometimes you learn.
#Bitcoin
Trade active
It is possible to break through local lows, you need to evaluate and make a decision on the situation.Trade active
Now you need to wait for the structure to be broken and then open a position.Trade active
There is a false breakout of the lows on the chart, pay attention to the next low.Trade closed: stop reached
Will anyone buy at 19,000?Trade active
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