➕ BTC - opinion.
https://www.tradingview.com/x/LBd5qApx/
Though the inflation is a bit below expectations - we saw positive market news, #btc and #spx and other assets bounced back after the dump. It looks like the trend will continue, the 9th dump is under 19k and the return above is bound to happen.
The 1D candle closed above 19.6k, we are still stuck between the local support 19.6k and resistance 20.6k, the sooner we consolidate above the upper level, the better and faster we will go up.
We can talk about a long accumulation and a big bullish wedge, but as long as we continue to fiddle in the flat, we can only trade such dumps under the levels, as it was yesterday, which statistically have a win rate 8 times in a row.
DYOR #NFA
MM Ventures | Website × Telegram × Twitter
https://www.tradingview.com/x/LBd5qApx/
Though the inflation is a bit below expectations - we saw positive market news, #btc and #spx and other assets bounced back after the dump. It looks like the trend will continue, the 9th dump is under 19k and the return above is bound to happen.
The 1D candle closed above 19.6k, we are still stuck between the local support 19.6k and resistance 20.6k, the sooner we consolidate above the upper level, the better and faster we will go up.
We can talk about a long accumulation and a big bullish wedge, but as long as we continue to fiddle in the flat, we can only trade such dumps under the levels, as it was yesterday, which statistically have a win rate 8 times in a row.
DYOR #NFA
MM Ventures | Website × Telegram × Twitter