BTC has been moving nicely lately so let's see where we go from here.
As previously mentioned, we should expect an aggressive move upwards towards 110K and eventually new ATH. As expected we got the move and are now trading around 120K.
IF we fail to hold the sellside at 115K expect us to trade back towards 110K.
IF we hold our current levels expect further upside towards new ATH.
No NEED TO FRONTRUN THE MARKET. BE PATIENT AND TRADE WITH IT.
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 previously mentioned, we should expect an aggressive move upwards towards 110K and eventually new ATH. As expected we got the move and are now trading around 120K.
IF we fail to hold the sellside at 115K expect us to trade back towards 110K.
IF we hold our current levels expect further upside towards new ATH.
No NEED TO FRONTRUN THE MARKET. BE PATIENT AND TRADE WITH IT.
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.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.