BTC TWO SETUPS FOR LONG
Two setups for long BTC. I'm waiting for the price to be decided so I'll see how I react. Right now, the killing is on both sides and there is no need to be exposed.
The first thing I look at is that there is still space until the end of the c wave, which can also be seen from the Fibonacci pattern. From that point of view, B has gone high, which gives the possibility for C to go down to 57k, where there is also 100DMA - perhaps a safer entry.
The second picture because he currently showed the strength of what the reaction will be from the 65500 and 68000 zones because the halving is going on. Follow what the hourly correction is doing there, because after the halving it can be sell the news
The first thing I look at is that there is still space until the end of the c wave, which can also be seen from the Fibonacci pattern. From that point of view, B has gone high, which gives the possibility for C to go down to 57k, where there is also 100DMA - perhaps a safer entry.
The second picture because he currently showed the strength of what the reaction will be from the 65500 and 68000 zones because the halving is going on. Follow what the hourly correction is doing there, because after the halving it can be sell the news
Commentaire:
ETH in this case..
