Bitcoin - Hanging by a thread
Updated
! Not financial advice - This is my trading diary! Sharing my ideas helps me and hopefully you as well.
Bitcoin is clearly under much selling pressure. The last daily candles showed us clearly that Bears seized the opportunity, and now they are in total control of this market. If Bitcoin loses its Perfect SR Flip, the next stop would be at the Value Area Low of this range (39 K).
I am not looking for longs or shorts but to buy the dips.
#bitcoin #btc #technicalanalysis #tradingidea
Bitcoin is clearly under much selling pressure. The last daily candles showed us clearly that Bears seized the opportunity, and now they are in total control of this market. If Bitcoin loses its Perfect SR Flip, the next stop would be at the Value Area Low of this range (39 K).
I am not looking for longs or shorts but to buy the dips.
#bitcoin #btc #technicalanalysis #tradingidea
Note
I forgot to pull the fixed range volume profile to the last candle but it changes a little. It is still a low liquidity area.
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