Decision time for BTC
BTC managed to reach the upper resistance of the HTF accumulation pattern I mentioned in my last update.
Last week, i called that the zone around 42k would have been of great resistance/interest and a move from thereon is pivotal for the medium term price action of BTC.
I'm looking to either long or short on the retest/confirmation candles or wicks and catch the departure from this zone as early as possbile. This is summed up by the scenarios A and B on the graph.
I'm expecting a strong bounce with high volatility from this level, eitherway.
As always, happy trading!
Last week, i called that the zone around 42k would have been of great resistance/interest and a move from thereon is pivotal for the medium term price action of BTC.
I'm looking to either long or short on the retest/confirmation candles or wicks and catch the departure from this zone as early as possbile. This is summed up by the scenarios A and B on the graph.
I'm expecting a strong bounce with high volatility from this level, eitherway.
As always, happy trading!
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.