Bitcoin seems to have found a floor at the 10k zone. We are now seeing new structure and significant breaks. There is a long road ahead to making new ATHs but I can see in the short term lots of potential for a good push.
Please have a look at a short term long position. There is also a potitential for a short aswell but this is depending on the buyer momentium. (keep a look out for candle body size approaching the supply zone.)
Please have a look at a short term long position. There is also a potitential for a short aswell but this is depending on the buyer momentium. (keep a look out for candle body size approaching the supply zone.)
Trade closed: stop reached
As much as I wish bitcoin was not corrlated with financial markets time and time again proves that iw very much is. Looks like at the moment of this trade there was a dump of the S&P.
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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.