Bitcoin has been in a strong downward trend during the daily time, the last floor in its upward trend was in the range of $56,000, and now it is breaking this floor. If the price closes below this area at the end of the day, it can be expected to fall to the range of 51, 43 and finally 38 thousand dollars. In the upward correction in the areas of the order block, by observing the technical points, you can enter the sell position according to the stated goals. It is necessary to observe the loss limit and the volume of transactions.
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.
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.