Bitcoin is going to test 23300$ in short term
I think BTC is bouncing to 23300-23500 resistance zone now. Trend is broken, so look for short opportunity there. You may also use this bounce for long scalps in alts. But that would be risky since 4H candle has 2.5 more hours to close. While now it look bullish it still has a lot of time to change.
If BTC break 23300-23500 resistance zone then we can see it to testing ATH. If BTC fail to break that zone, then we can short BTC to 20600.
Long Setup:
Entry 22500 - 22650
Target 23300 - 23500- 24000 - 24300
Leverage 5x
Short Setup:
Entry 23300 - 23500
Targets 22000 - 21700 - 20900 - 20600
Leverage 10x
Enter in short on confirmation only
If BTC break 23300-23500 resistance zone then we can see it to testing ATH. If BTC fail to break that zone, then we can short BTC to 20600.
Long Setup:
Entry 22500 - 22650
Target 23300 - 23500- 24000 - 24300
Leverage 5x
Short Setup:
Entry 23300 - 23500
Targets 22000 - 21700 - 20900 - 20600
Leverage 10x
Enter in short on confirmation only
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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.
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.