Looks like we are getting long-awaited retracement on Bitcoin...I will be very happy to add to my position at around 
36K to $36.5K, a good confluence zone based on SR flip and FIB ratio.
I am not sure how this is going to play out, but I think a break of that trendline will give more confidence to bulls.
If I get my positions filled at36K, I will be looking to sell at 
48K to $50K, which is a good 35% move.
So don't hesitate to buy on support, maintain your risk and create an appropriate position size.
Hope this helps!
Happy trading!
36K to $36.5K, a good confluence zone based on SR flip and FIB ratio. I am not sure how this is going to play out, but I think a break of that trendline will give more confidence to bulls.
If I get my positions filled at
36K, I will be looking to sell at 48K to $50K, which is a good 35% move.So don't hesitate to buy on support, maintain your risk and create an appropriate position size.
Hope this helps!
Happy trading!
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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.