On BTCUSD, we have a bullish setup around 27,000, a price level that has bounced three times on a bearish trendline, touching a supply zone before starting the descent. Currently, the price is ranging within a bearish channel and it could drop to break it, bounce at the exit, and continue the descent towards the 22,000 area, where there is a validated demand zone with spikes. I also want to hear your thoughts on the rumors about Binance and Coinbase.
Let me know what you think.
Happy trading to everyone.
Let me know what you think.
Happy trading to everyone.
📈 Nicola | EdgeTradingJourney
Documenting my path to $1M in prop capital through real trading, discipline, and analysis.
Documenting my path to $1M in prop capital through real trading, discipline, and analysis.
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.
📈 Nicola | EdgeTradingJourney
Documenting my path to $1M in prop capital through real trading, discipline, and analysis.
Documenting my path to $1M in prop capital through real trading, discipline, and analysis.
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.