Bitcoin / TetherUSShort
Bitcoin important areas 1h
Based on previous idea , price drops under 66500.
Now , based on the down trend , there are 2 supply areas which I have specified them on the chart
Notice that when price reaches the areas , should wait for a good confirmation and then decide to enter the position.
This idea will be updated...
Now , based on the down trend , there are 2 supply areas which I have specified them on the chart
Notice that when price reaches the areas , should wait for a good confirmation and then decide to enter the position.
This idea will be updated...
Note
First spply area acted well. There was a good dropping in price.
Now the second spply area is acting. but the reaction is not that much powerful
and I didn't see any confirmation
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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.