BitcoinLong
Bitcoin Long: Tactical (short-term) long
In my last post on bitcoin, I called for a neutral standing and advised to wait before action. Over the weekends, when Bitcoin fell below 20k, hit a Fibonacci level, and then rebound, it was actually a buying opportunity (I was too tired to post anything). But now is still a good opportunity to buy because we have additional confidence that the price will hold and that after 1 day, we actually have a green body candle.
Long and place your stop below the recent low.
Long and place your stop below the recent low.
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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.