ejamshidi71

BTC in a very important range

BINANCE:BTCUSDT   Bitcoin / TetherUS
The bitcoin price pattern in the 4 hour time frame is in a very important range. Technical analysis tells us to wait for clear signals in this time frame. But exogenous events (the decision of the Federal Reserve and the dispute between Russia and Ukraine) tell us that we should expect a further decline in the crypto market.

We will not trade based on news, but we can not be indifferent to the news.

Preferably trade at a lower time frame. This is just a suggestion based on my personal analysis. Do not forget the basics of capital management.
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.