BTC Resistance Test
BTC managed to bounce after falling well below the 
59K area, but it failed on a retest of a previous low. It's retesting another previous low now and I expect it to fail again. First target is still the demand below as shown in my last BTC idea.
59K area, but it failed on a retest of a previous low. It's retesting another previous low now and I expect it to fail again. First target is still the demand below as shown in my last BTC idea.Note
BTC broke above that resistance after a small rejection. Currently rejecting the next area of resistance I have around $8,456. I still expect demand to hit at some point, but if it can reclaim the 59K-61k area I'd be a lot more cautious with shorts. All eyes should be on 59.3k IMO.
You reap what you sow.
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Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
ko-fi.com/shop/settings?src=sidemenu&productType=1
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
Publications connexes
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.
You reap what you sow.
ko-fi.com/shop/settings?src=sidemenu&productType=1
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
ko-fi.com/shop/settings?src=sidemenu&productType=1
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
Publications connexes
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.