Bitcoin / TetherUS

Possible short entry on Bitcoin range

215
Several hard rejections at resistance (see red dots).

Rounded formation at resistance – indicated buyers exhaustion, favoring shorts.

Candle has yet to close and a lot can happen especially in those last ten minutes.

Possible resistance at 19760 - could be a first TP point. If bullish reaction there is weak (watch volume), I would let it run to 19620, which is where a high volume node is located (which often acts as support).

I expect strong support at bottom of range. If we do get there (we may not break through the high volume node) then it’s a good entry for long position.

!!Still, it depends on how current candle plays out!! Watch that for confirmation

**NFA**

免責事項

これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。