Pretty solid trade here.
Rejection and back into consolidation zone.
I don't expect that support level to break, it'll be used by holders to accumulate more.
2:1 risk on this for spot, no leverage.
Stop is at the bottom and TP is at top.
I'd close this close to TP if bitcoin continues acting like a spoilt child.
Market conditions are rough.
Glhf!
Rejection and back into consolidation zone.
I don't expect that support level to break, it'll be used by holders to accumulate more.
2:1 risk on this for spot, no leverage.
Stop is at the bottom and TP is at top.
I'd close this close to TP if bitcoin continues acting like a spoilt child.
Market conditions are rough.
Glhf!
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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.