After consolidating below the bearish trendline trying to give breakout above it, and seriously threatening the bearish structure, currently consolidating above the trendline, 64190 is immediate resistance and 63250 is immediate support, expected to continue its consolidation and then give breakout above the R-1 64190, upon breakout we can initiate Long entries with Stoploss of 63250.
however since BTC is at a junction where we cannot even rule-out the possibilities of bearish moves as well. so we need to be open with that option too, if price faces rejection form the bearish trendline again, below the level of 63250 can be fresh shorts with Stoploss above 64190.
Without confirmation shouldn't be entering in either direction. As of now it's showing bullish biasness but may shift towards bearishness in later sessions.
For Educational Purposes only, Not an Investment Advice, Always use strict Risk management measures.
Regards CrazyTrades247.
however since BTC is at a junction where we cannot even rule-out the possibilities of bearish moves as well. so we need to be open with that option too, if price faces rejection form the bearish trendline again, below the level of 63250 can be fresh shorts with Stoploss above 64190.
Without confirmation shouldn't be entering in either direction. As of now it's showing bullish biasness but may shift towards bearishness in later sessions.
For Educational Purposes only, Not an Investment Advice, Always use strict Risk management measures.
Regards CrazyTrades247.
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해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
Join Telegram Channels for more Trades ideas 🧿
🟢For Forex and International Commodities
t.me/CrazyTrades247_FX_International
Connect us
+91-9238387447
crazytrades247@gmail.com
🟢For Forex and International Commodities
t.me/CrazyTrades247_FX_International
Connect us
+91-9238387447
crazytrades247@gmail.com
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.