Bullish Bias:
-Structure break and retest
-21-25EMA support
-Fib Support
-Momentum // Relative strong response to market drop
Reasons not to buy yet:
-Sellers still in control
-No reversal candles..yet
-Only 2-4% loss, but BTC hasnt reversed short term trend..yet.
-Structure break and retest
-21-25EMA support
-Fib Support
-Momentum // Relative strong response to market drop
Reasons not to buy yet:
-Sellers still in control
-No reversal candles..yet
-Only 2-4% loss, but BTC hasnt reversed short term trend..yet.
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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.
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.