When we look at the XBT chart for a SHORT TERM. trade we saw SELL pressure around $95xx'ish ! And we can say we gonna see same pressure till next Supply-Demand zone ( It's around $84xx-85xx'ish) !
Because of that; we are keeping our SHORT position till that zone ( $84xx-85xx'ish).
When we touch our target we gonna back to the LONG position for LONG term. Our target will be between $12.3-13.5k!
Thats the our Trade Plan for XBT, For SHORT term And LONG term.
P.S.: PLS DYOR!
If you've any idea or analysis for XBT you can share with us at the comment side!
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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.