BTC is in a volatile position, where purely on a chart we can't really tell whether we might be heading up or down from here.
What we noticed, though, is the order books orders near lower zones, where buyers have set few buys, possibly hinting to potential bullish movement to happen.
So what to keep in mind here?
1) Keep an eye on that bearish CME gap, which might be filled and marked as smaller target for short
2) Before we see either a breakout from the 117K area or a breakdown from the $108K zone, we should not enter into any early trades here on the current timeframe.
Swallow Academy
What we noticed, though, is the order books orders near lower zones, where buyers have set few buys, possibly hinting to potential bullish movement to happen.
So what to keep in mind here?
1) Keep an eye on that bearish CME gap, which might be filled and marked as smaller target for short
2) Before we see either a breakout from the 117K area or a breakdown from the $108K zone, we should not enter into any early trades here on the current timeframe.
Swallow Academy
🚨 Authentic Traders
⚡️ Short-Term + Mid-Term Trades
Keep an eye on us and you will not regret it. 😉
Telegram: t.me/+fiEDSn7M9pJkODA0
⚡️ Short-Term + Mid-Term Trades
Keep an eye on us and you will not regret it. 😉
Telegram: t.me/+fiEDSn7M9pJkODA0
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.
🚨 Authentic Traders
⚡️ Short-Term + Mid-Term Trades
Keep an eye on us and you will not regret it. 😉
Telegram: t.me/+fiEDSn7M9pJkODA0
⚡️ Short-Term + Mid-Term Trades
Keep an eye on us and you will not regret it. 😉
Telegram: t.me/+fiEDSn7M9pJkODA0
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.