On Bitcoin we can see a nice weekly Demand Zone. We have seen there a nice Retest in that area and a perfect close of the weekly candle in order to confirm our long trade. I mentioned this already a few months ago to keep an eye on this weekly Demand Zone.
Weekly Supply Demand Zones work very well on Bitcoin. Always wait for price action in order to confirm the zones.
The target now for Bitcoin will be the weekly Supply Zone. There would be a nice price for the Take Profit. At Supply Zones I am expecting the price to drop. Therefore I will look after reaching the Supply Zone for Price Action Signals in order to sell Bitcoin. Afterwards again to buy.
On the long run I see Bitcoin long.
What are your thoughts on Bitcoin long term and short term?
Weekly Supply Demand Zones work very well on Bitcoin. Always wait for price action in order to confirm the zones.
The target now for Bitcoin will be the weekly Supply Zone. There would be a nice price for the Take Profit. At Supply Zones I am expecting the price to drop. Therefore I will look after reaching the Supply Zone for Price Action Signals in order to sell Bitcoin. Afterwards again to buy.
On the long run I see Bitcoin long.
What are your thoughts on Bitcoin long term and short term?
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✔️ Telegram(german): t.me/dariusfxtrading
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