I think the price can drop down. Mostly all markets move with cycles such as move - pullback - move.
BTC/USD made drop down with increased volume - that means someone opened huge short, also daily candle close under the key level $8350.
That's why I recommend open Sell near $8200 -$8300 with goal $7250.
BTC/USD made drop down with increased volume - that means someone opened huge short, also daily candle close under the key level $8350.
That's why I recommend open Sell near $8200 -$8300 with goal $7250.
Trade active
Price at Sell zone, we can open Sell positions Note
Price made down move with Huge volumeNext goal is $7234
Note
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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.