BTC Long
Daily Bias: Bearish
4H Bias: Bearish
Risk: 0.25%
BTC is tanking, with a retracement nowhere to be seen.
Like any good gambler, I beleive it's "Due".
Currently at a strong daily demand level, weak buyback.
I spoke last night about how I could see us heading to the 37000 4H demand level, a very strong, retested zone that was the origin of a big run up. as well as a solid EQ level on the 4H and possibly even dailys.
THis would allow MM to sweep the longs off 38, a highly touted level of support for some time now.
It would also give Bullish Divergence on the 4h cci if we were to soon keel over and head there.
R:R is enormous, 3.8 to my first target (Based on assumed fibs),
5.1 to my second.
4H Bias: Bearish
Risk: 0.25%
BTC is tanking, with a retracement nowhere to be seen.
Like any good gambler, I beleive it's "Due".
Currently at a strong daily demand level, weak buyback.
I spoke last night about how I could see us heading to the 37000 4H demand level, a very strong, retested zone that was the origin of a big run up. as well as a solid EQ level on the 4H and possibly even dailys.
THis would allow MM to sweep the longs off 38, a highly touted level of support for some time now.
It would also give Bullish Divergence on the 4h cci if we were to soon keel over and head there.
R:R is enormous, 3.8 to my first target (Based on assumed fibs),
5.1 to my second.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.