A break below 11153 today could accelerate things and reach ~9.6k tomorrow
Trade active
Another pattern adding more pressure for movement in the same direction
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Headed to 10100, but will it hold?Note
10.1k will hold for a bounce up. Will provide targets in the next idea.Note
Leave a like if you get something out of my idea, it costs you nothing, I ain't asking for your coins am I?Note
There is a possible buy signal coming up on 1h, if the day closes above 10920, BTC will test resistance at low 12k. If BTC doesn't close above 10920, between 9.5k and 9.7k is a good buy.Note
To all those who have no clue what's happening and are scrambling through TV to find an author whose bias you'd prefer, rather than the hard truth, hit like and follow me. I was once in your position, I know your plight. I believe you can benefit out of my ideas. And it's absolutely free!Trade active
Target 8.8k. 9.5k support might be weak, best to buy after observing how price reacts at 9.5k. Or if your portfolio can handle it, cascade the buys between 9.5 and 8.8k, with proper risk management! Break and close above 10.95k negates this idea!
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To be clear, I'm not here to hand hold your trades, it's a give that your shorts are already closed when we went below 9.8k. 8.8k is target for next buy!
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Be careless and leave a lot of likes behind!Note
WARNING!!! A close below 9980 today can prove very fatal for BTC! There will be no point in buying as all buys will be invalidated! If this happens, BTC can go to the higher 7k region next week and there might be absolutely no bounce back to current levels.Trade closed: target reached
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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.