BTC - Ranges overview
Here is a quick look at BTC and the current range we are trading in.
As you can see we are still trading within the HTF FVG and nothing much has happened. Great opportunities for the long term investors in BTC but not much interesting pa for the traders.
From a HTF perspective as long as we do not break and hold above 70K no need to be looking for longs. We are simply in an accumulation phase.
IF we fail to hold the current lows we should expect further downside towards the sellside liquidity resting around 67K-65K.
As always the market always moves in ranges and seek liquidity. Accumulations before expansions are part of the process and those are the times when your PATIENCE WILL PAY... NO NEED TO RUN AFTER THE MARKET... JUST LET IT COME TO YOU
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
As you can see we are still trading within the HTF FVG and nothing much has happened. Great opportunities for the long term investors in BTC but not much interesting pa for the traders.
From a HTF perspective as long as we do not break and hold above 70K no need to be looking for longs. We are simply in an accumulation phase.
IF we fail to hold the current lows we should expect further downside towards the sellside liquidity resting around 67K-65K.
As always the market always moves in ranges and seek liquidity. Accumulations before expansions are part of the process and those are the times when your PATIENCE WILL PAY... NO NEED TO RUN AFTER THE MARKET... JUST LET IT COME TO YOU
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
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.
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.