BitcoinAggiornato BITCOIN SIDEWAYS AND STRATEGY
Hello dear friends. Today we can discuss strategy on BTC-USD, thank you for placing Like on this post 💖.
SInce last 2 days price in the boring sideways action. Once price reached the Strong Resistance area, and dumped very fast... At the moment I am expecing some retracing of the price down to support zone at 4800, here is why:
I see Ascending Line and price might go up from it again, but you know sometimes market is not this predictable and might fall off below the line to revisit 4200 -- important (IMO) support zone and show bullish divergence on RSI.
To summ up, I want to say this move may take few weeks to develop, and I am accept it. Going to stack mid-term long-position in support zone, I set buy orders down to 3000$ as insurance. No leverage there.
Please, write in comment your opinion, where the price will go in next 7 days, what is your target? 🗯
Save this idea to your bookmarks to analyse it in the future.
SInce last 2 days price in the boring sideways action. Once price reached the Strong Resistance area, and dumped very fast... At the moment I am expecing some retracing of the price down to support zone at 4800, here is why:
I see Ascending Line and price might go up from it again, but you know sometimes market is not this predictable and might fall off below the line to revisit 4200 -- important (IMO) support zone and show bullish divergence on RSI.
- In short-term we can use support line as scalp entry as showed by the arrows on chart.
To summ up, I want to say this move may take few weeks to develop, and I am accept it. Going to stack mid-term long-position in support zone, I set buy orders down to 3000$ as insurance. No leverage there.
Please, write in comment your opinion, where the price will go in next 7 days, what is your target? 🗯
Save this idea to your bookmarks to analyse it in the future.
Nota
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Declinazione di responsabilitÃ
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.