BTC/USD
BTC/USD
I have been waiting for a test of the 9200-9400 range on btc for a while now. We are still in a downtrend so a rejection of this level would indicate lower levels to be held. If the red box range is rejected I see the test of 5800 a possibility for btc. However, if btc holds above 9400 with at least 2 consecutive daily candles then I see a test of the much higher levels. It all depends on the rejection or gain of the 9200 level. This is a level to take large profits on longs and to hedge large postilions on shorts. This way you cant lose!
I have been waiting for a test of the 9200-9400 range on btc for a while now. We are still in a downtrend so a rejection of this level would indicate lower levels to be held. If the red box range is rejected I see the test of 5800 a possibility for btc. However, if btc holds above 9400 with at least 2 consecutive daily candles then I see a test of the much higher levels. It all depends on the rejection or gain of the 9200 level. This is a level to take large profits on longs and to hedge large postilions on shorts. This way you cant lose!
Note
First large profit taking on the short. Trading is simple. Keep emotions at bay.
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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.