8H chart carries ambiguity for me.
I haven't placed orders yet.
If it penetrates top channel boundary, long. If it fails, short.
Bitcoin would be better off correcting to the 56-54-52 thousand level.
Then there would be more certainty about all the other coins.
I haven't placed orders yet.
If it penetrates top channel boundary, long. If it fails, short.
Bitcoin would be better off correcting to the 56-54-52 thousand level.
Then there would be more certainty about all the other coins.
Note
Bitcoin correction should show us whether this analogy will hold. I take another 24 hours to decide.
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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.