Just a little reminder and update. We are still very much in the price regions of a decision time. Consolidation here at the critical zone would worry me. Higher Lows and Lower lows would make me bearish. NOTHING BELOW $61K is bullish to me. I did expect a bounce when we were at $47k all the up to the current price and even max price up to $56+/-
This is my caution price area, stop loss set to protect my position and will be closing 50% around here.
This is my own idea, trade and action. I am not a financial advisor. Do not take trades based on my ideas. I am mainly only sharing what I am doing.
Please comment what you think and if there is anything you want me to look at and chart.
Thank you!
This is my caution price area, stop loss set to protect my position and will be closing 50% around here.
This is my own idea, trade and action. I am not a financial advisor. Do not take trades based on my ideas. I am mainly only sharing what I am doing.
Please comment what you think and if there is anything you want me to look at and chart.
Thank you!
Trade active
Comment: Only a break below $51k would confirm lower lows and price regions as per Chart above.Bullish = Daily close above $61k
Bearish = Daily close below $51k could lead BTC to lower lows.
EVERYTHING IN BETWEEN IS RANGE.
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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.