p3nchan

#analysis 33 - Flat Now

BYBIT:BTCUSDT   BTCUSDT SPOT
Whether it goes up or down, now it's not a good timing to trade.

Scenario 1: Going down to around 18.6k then reverse. (But if it goes down too harshly, then it's highly possible toward 17.6k, or even lower.)

Scenario 2: Up to MH then down. But this chance maybe less than S1.

Here, I'll look for the PA after they reach either level.

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.