Indecisive btc offers a cme gap trade. Just 1:1 Risk reward!!!
Is it gonna go up or down?
I would say btc is in sideways movement atm.
As you can see price has failed to break below ~6,800 level on daily charts, and also just closed above 6800 on the lower tf chart.
Then again, The rewards of taking a long position here is not much, cuz we have a massive resistance at 7150 level.
Logically we should wait for the 7150 level to go down before turning bullish, But for the gamblers out there, its slightly possible that they could take a trade from 6850 - 7150!
Idea valid till 6800 area holds, I would also get short the minute 6800 breaks!!
I would say btc is in sideways movement atm.
As you can see price has failed to break below ~6,800 level on daily charts, and also just closed above 6800 on the lower tf chart.
Then again, The rewards of taking a long position here is not much, cuz we have a massive resistance at 7150 level.
Logically we should wait for the 7150 level to go down before turning bullish, But for the gamblers out there, its slightly possible that they could take a trade from 6850 - 7150!
Idea valid till 6800 area holds, I would also get short the minute 6800 breaks!!
Trade closed: target reached:
Nah aint trading this chop city.