BTC Entering possible reversal point
Bitcoin just entered a possible reversal point where we could see a fast pullback. This is a strong support zone, and on H4 you can clearly see an unbalanced zone, a classic FVG. Usually I like to see the fair value gap to get closed before entering a trade, so the best entry point for a long in my opinion is the low of the black box I drawed. I'll keep you updated, in any case I think this is not a good moment to short
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.