otternose

BTCUSD - 3 scenarios

otternose Updated   
BITMEX:XBTUSD.P   Bitcoin
My thoughts:
1. We have to break upwards 2 key areas - the 9260 and the 9520 area - then it seems we go up (red lines).
2. If BTC fail at one of this levels we go down (blue lines).
3. We go down as the whole day from the 9100 level.

I personal would not short atm. Better wait for confirmation of a clear trend.
If we break 9k again and visible...then blubb.

Nice day and be safe.

Nose

ps: no advice - only my personal opinion.
Comment:
Fridays are mostly no lovely days for Bitcoin.
It seems to me we go first down, then up.

So my entry is 8800. If this holds we will jump up.
Watch if 9500 will go easy upwards. Thats my confirmation point for a bigger move up.

TP1: 9500
TP2: 9800
TP3: open


Safe trading and a bit of luck. Anything is possible today.
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.