Zulu_Kilo

Extremely tricky range for BTC, possible retest of 24.2k

Zulu_Kilo Updated   
INDEX:BTCUSD   Bitcoin
This has been a very tricky little range to forecast, consolidation has been a killer at this range.

I do like the idea of at least retesting 24.2, however, you should not be in a position right now until price clarifies intent.

In our case, the break above the 23.9 high can be profitable. But also be ready for a breakout below 23.4... This area where we are is not good a wise area to have a position entered in for now.
Comment:
Well Well......

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.