BTC Update
In the last update, I was talking about the 6950 level and its importance for a possible bullish continuation. This last level didn't hold and the BTC is currently trading at 6880 after having reached a low point at 6750.
The technical situation is negative on the daily and 4h horizon even if we can see signs of bullish curves on the 4h indicators.
📈Trend follower?
Negative in 1h and daily and positive on the 4h time horizon.
👉 What to do?
The 6950 level didn't hold, so we didn't get our higher low. Moreover, even if the 1h technical indicators show a possibility of rising, the technical situation in the longer term is also negative.
A short term rise is therefore possible, which will allow us to open a short position as we approach the 6950 level.
Stay safe guys! 😉
In the last update, I was talking about the 6950 level and its importance for a possible bullish continuation. This last level didn't hold and the BTC is currently trading at 6880 after having reached a low point at 6750.
The technical situation is negative on the daily and 4h horizon even if we can see signs of bullish curves on the 4h indicators.
📈Trend follower?
Negative in 1h and daily and positive on the 4h time horizon.
👉 What to do?
The 6950 level didn't hold, so we didn't get our higher low. Moreover, even if the 1h technical indicators show a possibility of rising, the technical situation in the longer term is also negative.
A short term rise is therefore possible, which will allow us to open a short position as we approach the 6950 level.
Stay safe guys! 😉
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.