Either it got rejected on $11,5K - $11,8K or flip it to support The play is place bids on 11,8K retest or on $10K ish area
After riding from 8065 to 8410, I am now switching short. Waiting for an ideal entry at 8523, otherwise the R/R is simply not good enough.
Good morning, traders. After yesterday's $300 pop, price has been retracing as expected. At this point, it appears that price should be about ready to start moving up again as it has bounced around the $8050 level which was the general resistance area prior to the pop. However, we are going to zoom out to the daily once more and take a look at the Coinbase chart....
Top down analysis on Bitcoin Marked out S/R levels on higher time frame. - Expecting 8300$ level to hold resistance - 8050$ New support level Leave any comments if you feel any aspect of the video was not clear :) Cheers fellow traders!
BINANCE:RVNBTC Placing order at that EQ of that Order BLock (595) for potential 50% gain Stop at 555 (6% loss) Enter with small position because of large SL
To me bitcoin looks bearish on the shorter timeframe. I feel like it needs to fill that liq gap bore possibly moving another leg up to 9k+ If we get a close under the red line ill be shorting it to 8200 where my first target will be. The trade idea will be invalid once we trade above the red line above I have discussed Bitcoin in a live stream. You can find the...
Recent price action is not bullish on the lower timeframe. I think it will need to fill in at least a portion of that gap/liq void. I would be looking to short under the red line and target the 8200ish level. The idea is invalid once we trade above the blue box/order block.
optimal lvls fibonacci, i see a retracement to box yellow. And a large to box green
Reacted of good from the breaker and broke an important 1h S/R level. I think it is ready to up about 20% will be taking full profits at TP