z3bracoRn

btc pullback levels.

Short
COINBASE:BTCUSD   Bitcoin
im looking to enter some longs when btc drops a little. areas im interested in are the 44k area 42k, 40k and 38k. this is just my personal opinion. we can see we do have a potential massive bear flag. (i don't think this will play out for obvious reasons) target would be 15k. btc needs to get above the daily 200 dma to be really bullish, right now being rejected by the top of channel, the 200 dma and top of Bollinger band and horizontal resistance. if we do break and close daily candles below that 38 level. probably won't be a good sign.

Disclaimer

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.