BTC bounced off the support just as expected and reached my first TP (take profit) at $23,800.BTC rejected hard and dumped very fast after reached the first TP unfortunately though, which was honestly unexpected.After this current rejection, I have charted possible bearish scenarios, as well as the bullish scenarios of course.
I am still going to hold my long, but I will be cautious and might hedge a short, we will see.
BTC is in for volatile times, personally I would not use high leverage during the volatility.FOLLOW ME for accurate FREE Crypto analysis/signals!
Note
Went down near support as expected and bounced!
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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.