Quick update:
Not a piece of financial advice.
The observational market trend suggests a strengthening reversal, but the microeconomics counters the thesis for a BTC/USD pair bottom confirmation.
Those who got into the bottom around 18.3k level had a greater risk/reward scenario given the RSI/Stoch & BB leveling but faint confirmations.
Wisely waiting for a strong signal confirmation to rely on a trend reversal. No rush here as the market may pick up a haywire move should there be any undesirable news/events (hopefully good news here).
Not a piece of financial advice.
The observational market trend suggests a strengthening reversal, but the microeconomics counters the thesis for a BTC/USD pair bottom confirmation.
Those who got into the bottom around 18.3k level had a greater risk/reward scenario given the RSI/Stoch & BB leveling but faint confirmations.
Wisely waiting for a strong signal confirmation to rely on a trend reversal. No rush here as the market may pick up a haywire move should there be any undesirable news/events (hopefully good news here).
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.