As we can see on the MACRO LOG scale of this asset, subwaves for each big waves are clearly seen. We look at this dump as a blessing; not something to be feared of. We stay patient for where this dump goes and simply trade it.
Simply looking at the chart, vwap says 50k-ish is a very good zone to look into. Much much happy to come in if we visit below 50k with a failed auction to jump in.
Ofcourse, this is a very much big swing idea that does not mean too much for trading levels.
This approach is for investors who simply see bitcoin as an asset.
For a trader like us on this website, we must look on intermediate levels.
Goodluck traders!
Simply looking at the chart, vwap says 50k-ish is a very good zone to look into. Much much happy to come in if we visit below 50k with a failed auction to jump in.
Ofcourse, this is a very much big swing idea that does not mean too much for trading levels.
This approach is for investors who simply see bitcoin as an asset.
For a trader like us on this website, we must look on intermediate levels.
Goodluck traders!
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.
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.