ATT1L4THEHUN

BITCOIN UPDATE, GREY BOX NEEDS TO HOLD

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS
Following yesterday ideas, still inside the grey area shared yesterday consolidating, waiting for a clear trigger for both sides.

For longs, I want to see the blue parabola break, and the grey box hold. So break the parabola while holding grey box, and close again above orange box (48.5k area), and that's a clear long for me to those objectives in chart, followed by the ones shared yesterday.


For shorts, grey box needs to turn into resistance, start closing below, and that's a short to those objectives. Maintaining the blue aprabola would be another weakness signal.


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.