Bitcoin is still in consolidation between $34,000 and $45,000.
After an unsuccessful attempt to close above $45,000, we dropped below the important level of $38,500, where we are consolidating now.
If we can't below the resistance, a correction with liquidity collection below the key level of $34,000 is very possible. This would be a great point to take long positions with a short stop loss and high risk/reward.
Friends, press the "like" button, write comments and share with your friends - it will be the best THANK YOU!
P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
After an unsuccessful attempt to close above $45,000, we dropped below the important level of $38,500, where we are consolidating now.
If we can't below the resistance, a correction with liquidity collection below the key level of $34,000 is very possible. This would be a great point to take long positions with a short stop loss and high risk/reward.
Friends, press the "like" button, write comments and share with your friends - it will be the best THANK YOU!
P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
📊 Telegram (FREE Indicators in pinned post) 👉 t.me/cryptonite_ua
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.
📊 Telegram (FREE Indicators in pinned post) 👉 t.me/cryptonite_ua
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.