#Bitcoin : BTC is in a tight spot right now. It failed to break above the 50 and 100 EMAs and is currently trying to hold above the 200 EMA. That’s the last major support keeping it together at the moment.
The good news? We’re likely approaching a bottom soon. Let’s see how the weekly candle closes. Close below 82k will be a bad signalling the short term.
Also, don’t forget there’s still some liquidity near the daily FVG zone, early 70Ks. That’s a stretch from here, but still worth keeping in mind.
Most importantly, be cautious and prioritize capital preservation. Practice proper risk management.
DYOR. NFA.
#Crypto
The good news? We’re likely approaching a bottom soon. Let’s see how the weekly candle closes. Close below 82k will be a bad signalling the short term.
Also, don’t forget there’s still some liquidity near the daily FVG zone, early 70Ks. That’s a stretch from here, but still worth keeping in mind.
Most importantly, be cautious and prioritize capital preservation. Practice proper risk management.
DYOR. NFA.
#Crypto
Daily Signals:- telegram.me/thecryptorphic
Coincatch:- bit.ly/15000USDTBonus
BLOFIN - bit.ly/Cryptorphic
MEXC : bit.ly/Trademexc
Binance: bit.ly/cryptorphic1000
ELITES: bit.ly/Join_elite
Coincatch:- bit.ly/15000USDTBonus
BLOFIN - bit.ly/Cryptorphic
MEXC : bit.ly/Trademexc
Binance: bit.ly/cryptorphic1000
ELITES: bit.ly/Join_elite
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.
Daily Signals:- telegram.me/thecryptorphic
Coincatch:- bit.ly/15000USDTBonus
BLOFIN - bit.ly/Cryptorphic
MEXC : bit.ly/Trademexc
Binance: bit.ly/cryptorphic1000
ELITES: bit.ly/Join_elite
Coincatch:- bit.ly/15000USDTBonus
BLOFIN - bit.ly/Cryptorphic
MEXC : bit.ly/Trademexc
Binance: bit.ly/cryptorphic1000
ELITES: bit.ly/Join_elite
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.