The ideal situation here is that BTCUSD stays in the triangle between the dashed and solid lines, and consolidate a bit for a run at the big diagonal trend line above.
After that who knows, but there is some strong risk asset momentum at the moment.
Still might not hurt to take a little fraction off the table at the big resistance near 38.5k
not financial advice
After that who knows, but there is some strong risk asset momentum at the moment.
Still might not hurt to take a little fraction off the table at the big resistance near 38.5k
not financial advice
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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.