Binance lawsuit just adding fuel to fire.
BTCUSD - Following on from my last successful idea, we can see level to level there is clear weakness on BTC. Despite the recent news regarding SEC/Binance lawsuit, it was already heading down. Looking for a break of the 25250 s/r level. Hopefully we can get an underside retest where shorts can be loaded up.
Alternatively if bulls show some strength, we could potentially get a break and reclaim of the 25250 level.
For now i'm looking for a move down to 22k level.
Alternatively if bulls show some strength, we could potentially get a break and reclaim of the 25250 level.
For now i'm looking for a move down to 22k level.
Note
still in play, would be nice for this to start playing out this weekend.Trade active
beautiful, patience pays off and we're finally here! not sure if this counts as the daily retest of 25250 level - but i entered a position at 25200 anyway. Still expecting to touch that level a bit more seriously over the next few days, but if not i'm happy with entry anyway.Order cancelled
not fading Blackrock news here. exited shorts. Price has reclaimed level also which goes for the alternative bullish scenario. i think we can start to see prices go much higher now.
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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.