As you can see on the chart, the price retraced and found support at .618 level. Note the large wick as buyers were able to hold ~2200 sats, also the 4h 'swing low' candle with two higher lows on either side of itself. If this low holds expect a rally to test previous swing highs.
However, this trade is risky due to bitcoin being as it is now, alts/btc could easily fall further if bitcoin made a large move to the upside.
However, this trade is risky due to bitcoin being as it is now, alts/btc could easily fall further if bitcoin made a large move to the upside.
Pernyataan Penyangkalan
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Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.