BTC is currently in a daily uptrend but a big drop is eminent as forming liqudity levels in 63000 region. It might go up to 70,0000-72,000 which can be a POI (point of Interest). We can take a short trade if we get the entry setup but we should know that it is a counter trade. There will be a drop to 63,000 region to liquidate the traps formed there.
When BTC Drops We can catch a good long trade with a entry setup.
When BTC Drops We can catch a good long trade with a entry setup.
Note
So BTC touched 70000 Area and crashed. Expecting 63000 RegionNote
As predicted BTC Dropped to 63000 Region. Good Region to take a long entry
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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.