After the move down in Bitcoin (and most cryptocurrencies) yesterday, looking for a counter trend trade back up to target some of the inefficiencies that were left. We've built relative equal highs around $89.5k which I would look to target if we get a move down in price to mitigate the range which caused this small push up.
Of course, still very aware this is a risky trade and we could continue and break the low at $86k.
Of course, still very aware this is a risky trade and we could continue and break the low at $86k.
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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.