BitcoinLong
100K+ BTC 30m ANALYSIS 06/12
Analysis:
Historical day for BTC, smashing the 100k.
I strongly believe all of December we will see BTC fly to 110K+.
In the analysis I've identified a great potential long position I will be looking to take if price comes back into my supply zone, respects and closes inside or above the SR. This is a great 1:6RR and even in the event price does create a LL below M30 Swing Low I will be looking for more long positions with the same target of M30 Swing High.
If the move is successful I would suggest it will tap our supply zone and should fill the entire position within very few candles.
To consider:
Historical day for BTC, smashing the 100k.
I strongly believe all of December we will see BTC fly to 110K+.
In the analysis I've identified a great potential long position I will be looking to take if price comes back into my supply zone, respects and closes inside or above the SR. This is a great 1:6RR and even in the event price does create a LL below M30 Swing Low I will be looking for more long positions with the same target of M30 Swing High.
If the move is successful I would suggest it will tap our supply zone and should fill the entire position within very few candles.
To consider:
- 100K+
- FOMO
- M30 Swing is LL
- Trump and News Speculation
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.
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.