BTCUSD: Range Approximation
This chart suggests that the BTCUSD market is currently in a ranging state.
We have tried to identify supply and demand zones in this range environment.
The suggested levels are as follows:
This kind of price behavior is expected as the market participants are going through range normalization after the price discovery stage.
Trade with care and own your risk.
We have tried to identify supply and demand zones in this range environment.
The suggested levels are as follows:
- [* ] High teens for increasing long exposure
[* ] Around 28k squaring off long positions
[* ] Sit out the area in the middle
This kind of price behavior is expected as the market participants are going through range normalization after the price discovery stage.
Trade with care and own your risk.
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.