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FieryTrading
Nov 15, 2022 6:14 PM

πŸ”₯ Bitcoin: Waiting For ClarityΒ 

Bitcoin / United States DollarCoinbase

Description

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After the massive sell-off after the FTX fiasco last week, BTC has been trading within a well-defined range.

Nothing worth noting will happen while BTC will be trading within this range. So, for any longer-term entries I'm waiting for BTC to exit the current trading range.

Realistically, the highest probability trade will be a bearish one. So, shorting from the top resistance would be a good idea if you have a bearish bias. In these kind of market conditions patience is often rewarded, so trade accordingly.
Comments
jazerbay
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We did expect this, thank you for sharing⭐πŸ”₯πŸ‘
SwallowPremium
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Such an interesting trading setup. Keep posting!
YMGroup
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excellent view, Im agree with you, I think it's true about btc
Lingrid
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Interesting analysis! What is your next target?
DeGRAM
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Thank you for sharing your analysis. Great job!
LUC_Capital
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Makes sense.
KapitanBee
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We back to the choppy market
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