Bitcoin / TetherUSUpdated BTC, will short traders be FUEL for GROWTH? New update!
Bitcoin continues to fall. The $41400-42700 zone is the first support for the price. Volumes have not increased, which means that Longs are not liquidated and the continuation of the fall is possible.
It is unlikely, but the price may come to the big support zone $37800-39600.
3 triggers to open LONGS:
1. large number of liquidations (volume growth);
2. false breakout of support zones;
3. squeezing to the trend line.
We'll report on such opportunities in the next ideas!
Traders who will open SHORT positions on breakouts of support zones can be FUEL for price GROWTH!
Friends, press the "like" button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
It is unlikely, but the price may come to the big support zone $37800-39600.
3 triggers to open LONGS:
1. large number of liquidations (volume growth);
2. false breakout of support zones;
3. squeezing to the trend line.
We'll report on such opportunities in the next ideas!
Traders who will open SHORT positions on breakouts of support zones can be FUEL for price GROWTH!
Friends, press the "like" button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
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Note
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Get access to the private club with VIP signals
👉 bit.ly/vipsignals_bikotrading
🔷Telegram 👉 t.me/+ICrmLIneDmRiYjIy
🔷YouTube 👉 bit.ly/YouTube__Lessons
👉 bit.ly/vipsignals_bikotrading
🔷Telegram 👉 t.me/+ICrmLIneDmRiYjIy
🔷YouTube 👉 bit.ly/YouTube__Lessons
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.