BTC has been consolidating for a while, and is expected to make a good move for the short term either up or down within the period marked by the vertical white line.
Support is seen @40500 and Resitance @45000. These are important levels to watch for, breaking this will create a new medium term momentum.
Target profit, stop loss, Risk Reward Ratio, and Position Size as per risk-taking potential.
The Market Fundamentals and Overall Crypto Market Sentiment should also be considered before any action.
Note: Not Investment/Trading Advice. Purely Personal Views. DYOR Before investing or trading. Not responsible for P&L arising out of this idea.
Support is seen @40500 and Resitance @45000. These are important levels to watch for, breaking this will create a new medium term momentum.
Target profit, stop loss, Risk Reward Ratio, and Position Size as per risk-taking potential.
The Market Fundamentals and Overall Crypto Market Sentiment should also be considered before any action.
Note: Not Investment/Trading Advice. Purely Personal Views. DYOR Before investing or trading. Not responsible for P&L arising out of this idea.
Publications connexes
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.
Publications connexes
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.