Bull Case BTC JUNE 1st 2022
The A pivot was broken with volume,
the 618 retracement off C is a good entry if we hypothesize that we at least will get a relief rally.
This is on the riskier side since the global market sentiment is bearish
The volume shows increased interest around the 618 and indecision at the current level (low volume), so this is pretty much a coin flip
if we break below C that would be a clear invalidation
the 618 retracement off C is a good entry if we hypothesize that we at least will get a relief rally.
This is on the riskier side since the global market sentiment is bearish
The volume shows increased interest around the 618 and indecision at the current level (low volume), so this is pretty much a coin flip
if we break below C that would be a clear invalidation
Note
big sign of weakness - Stoploss is key
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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.