$BITCOIN
Let's continue our bearish morning. We started with the death cross, but I want to talk locally with you as well. My last update messed up, closed my long position at $8190 with ROE -6% (x10 leverage) when I saw the approach of the bearish impulse. Done this to avoid the $200 dump, which brought the price to $7900. Now then, enough about me, let's talk about Bitcoin.
Three important levels have been broken through: $8200, $8050 and the descending support. Currently we can observe a S/R flip, which is also a common bearish signal. The priority for the moment is descending. If we break through the range of $7900 - $7940 (trend line which kept the price from falling), then
BTC will lunge towards the support on the levels of $7750 - $7810.
I prefer to sit without a position today, maybe I'll open a rather insignificant signal with cross leverage.
Three important levels have been broken through: $8200, $8050 and the descending support. Currently we can observe a S/R flip, which is also a common bearish signal. The priority for the moment is descending. If we break through the range of $7900 - $7940 (trend line which kept the price from falling), then
BTC will lunge towards the support on the levels of $7750 - $7810.I prefer to sit without a position today, maybe I'll open a rather insignificant signal with cross leverage.
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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.