At the defense zone now. BTCUSD trying to avoid a lower low.
Still bullish-neutral here but barely, the repair line should not stay broken much longer on the daily timescale.... but fear gauge near the level it was at at the most recent previous lows, orders are stacked just below 40k, etc... anyway, the line must be drawn here so stacking some sats, though keeping plenty of powder for 30k, 20k if that's what it is going to be
could be forgiving down to 37k but something is very wrong "black swan" level if all of the buy orders between here and there manage to get filled or disappear
Still bullish-neutral here but barely, the repair line should not stay broken much longer on the daily timescale.... but fear gauge near the level it was at at the most recent previous lows, orders are stacked just below 40k, etc... anyway, the line must be drawn here so stacking some sats, though keeping plenty of powder for 30k, 20k if that's what it is going to be
could be forgiving down to 37k but something is very wrong "black swan" level if all of the buy orders between here and there manage to get filled or disappear
Note
By "could be forgiving" I mean there is the possibility of a bear trapNote
Well my comments seemed to be timely... heading up to test the repair line now... let's see what's next
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.