➕ BTC - opinion.
https://www.tradingview.com/x/KM1ZI3Zi/
The 1d candle closed above 20k, this is positive signal and now the most important level remains 20.6k, despite the current trading above it, until the 1d and 1w candles close the situation will remain medium-term uncertain.
After all, in case of a consolidation under the level, and even more so a failure under 20k, we again have an extremely high probability of a move towards liquidity under 19k.
If we consolidate above 20.6k, the consolidation is finished, the nearest targets will be 22-23k and corrections will only increase.
We should not dive into the positive scenario prematurely, but also do not try to look for short positions now, we continue to be in #long and consider the move up as the main scenario, but if there is weakness and a consolidation under the level, then we close the position and open #short
DYOR #NFA
MM Ventures | Website × Telegram × Twitter
https://www.tradingview.com/x/KM1ZI3Zi/
The 1d candle closed above 20k, this is positive signal and now the most important level remains 20.6k, despite the current trading above it, until the 1d and 1w candles close the situation will remain medium-term uncertain.
After all, in case of a consolidation under the level, and even more so a failure under 20k, we again have an extremely high probability of a move towards liquidity under 19k.
If we consolidate above 20.6k, the consolidation is finished, the nearest targets will be 22-23k and corrections will only increase.
We should not dive into the positive scenario prematurely, but also do not try to look for short positions now, we continue to be in #long and consider the move up as the main scenario, but if there is weakness and a consolidation under the level, then we close the position and open #short
DYOR #NFA
MM Ventures | Website × Telegram × Twitter