While there might be much more trading opportunities in the way, Shorting Bitcoin around the supply zone and Longing it at around the Strong demand zone is rational.
There are also two other lines which are weaker entry points and cautious traders should avoid them.
A safer Long trade might be after breaking the 23000 or in a reverse to lower ZONE.
A safer Short trade could perfectly be found around the Red zone in the chart
I generally like to call BTC an instrument which is more prepared for Long trades.
There are also two other lines which are weaker entry points and cautious traders should avoid them.
A safer Long trade might be after breaking the 23000 or in a reverse to lower ZONE.
A safer Short trade could perfectly be found around the Red zone in the chart
I generally like to call BTC an instrument which is more prepared for Long trades.