➕ BTC - opinion.
https://www.tradingview.com/x/sO3aHHgc/
The 1d candle closed below 20.6k, we are back to consolidation and we see the resistance from above, the main support level is 20k, if we close the day below 20.6k and even more below 20k, there is nothing positive for the market next week at least, the risks of going below 19k appear.
But it's too early to dig the pit for #btc, everything looks like a standard correction with consolidation level test and there is a high probability that we will see the triangle 19.8-20.6k within a day, or maybe even weekend, after which we can continue to move higher than 21k
We will buy #long position and fix it closer to 21k, there are no more trading changes, we continue to hold the position.
DYOR #NFA
MM Ventures | Website × Telegram × Twitter
https://www.tradingview.com/x/sO3aHHgc/
The 1d candle closed below 20.6k, we are back to consolidation and we see the resistance from above, the main support level is 20k, if we close the day below 20.6k and even more below 20k, there is nothing positive for the market next week at least, the risks of going below 19k appear.
But it's too early to dig the pit for #btc, everything looks like a standard correction with consolidation level test and there is a high probability that we will see the triangle 19.8-20.6k within a day, or maybe even weekend, after which we can continue to move higher than 21k
We will buy #long position and fix it closer to 21k, there are no more trading changes, we continue to hold the position.
DYOR #NFA
MM Ventures | Website × Telegram × Twitter