Besides that monthly chart, This is the daily zone on $BTC
Can Bitcoin bounce from here? Yes
Am i buying? No
My only execution plan is the one i shared in the post below. If i get that i'll take it otherwise will just keep what i have.
ترجمة
CRYPTO MECHANIC
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$BTC Update
When the month started i shared my thoughts on the chart and said i want to see price takes out the monthly low first and then go up. (Basically wanted to see a bear trap)
But market had other plans. That wick you see on the chart is market taking the bulls liquidity. Monthly candle have 22 more days in it so a lot can happen on Bitcoin in 22 days.
The chart still looks fine as there is no major break. Now that we are close to the same $90k zone again it would still be great if price takes out those lows.
For trading perspective i think a better trade setup will be price dropping under $90.6k and reclaim it. This is where i will execute my trade as well.
When the month started i shared my thoughts on the chart and said i want to see price takes out the monthly low first and then go up. (Basically wanted to see a bear trap)
But market had other plans. That wick you see on the chart is market taking the bulls liquidity. Monthly candle have 22 more days in it so a lot can happen on Bitcoin in 22 days.
The chart still looks fine as there is no major break. Now that we are close to the same $90k zone again it would still be great if price takes out those lows.
For trading perspective i think a better trade setup will be price dropping under $90.6k and reclaim it. This is where i will execute my trade as well.
إخلاء المسؤولية: تتضمن آراء أطراف خارجية. ليست نصيحةً مالية. يُمكن أن تحتوي على مُحتوى مُمول. اطلع على الشروط والأحكام.
BTC
٩٣٬١١٩٫٢٥
-1.93%
الردود 17
أصل التسعير 9
استكشف أحدث أخبار العملات الرقمية
⚡️ كُن جزءًا من أحدث النقاشات في مجال العملات الرقمية
💬 تفاعل مع مُنشِئي المُحتوى المُفضّلين لديك
👍 استمتع بالمحتوى الذي يثير اهتمامك
البريد الإلكتروني / رقم الهاتف
مُنشِئ مُحتوى ذو صلة
@CRYPTOMECHANIC