I think the bitcoin capitulation is over, so I would start layering bids in the yellow zone and hope you're filled.
The demand block in blue has been tapped, so don't expect to revisit it. Play a stop loss below it, if you wish.
I can see this going back to 35$ plus, but I'd take the win at 25$ when it arrives because the market looks one way, and then flips in an instant.
Compound small wins.
The demand block in blue has been tapped, so don't expect to revisit it. Play a stop loss below it, if you wish.
I can see this going back to 35$ plus, but I'd take the win at 25$ when it arrives because the market looks one way, and then flips in an instant.
Compound small wins.
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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.