the break of the end of this consolidation will determine the fate for the next while. perhaps.
Note
an iffy zone to play long/short for sure. which way will it break? cant know until it does. slight bias long if btcusd holds low and starts moving upwards. btc runs the show, and theres fear in the markets now. Note
hit the x2 from the top range shown in first charti did a few scalps today on the usd pair.
if this is done /btc, we should still hit resistance again at 3k or higher, then continue down.
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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.