For me,
BTCUSD.P is still in a bullish setup. If you are long, don't panic sell early yet. The signal to sell would be a break of my LIS which currently stands at 103703. If it makes new highs, it would be even more convincing that it wants to go higher ie. don't sell at new highs.
If a new high is made, i will be able to provide a min target to the upside. I will keep you updated.
If a new high is made, i will be able to provide a min target to the upside. I will keep you updated.
Note
New LIS is at 106414. It's very close to break. So be careful if long, we way see a downside move quickly.Trade closed manually
The LIS has broken so it's now a sell setup in the making. If you are long, you should get out. The sell signal will be considered wrong if we get back to 107610 area.Disclaimer
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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.