Bitcoin update = Neo, Red Pill or Green Pill? 08.13
215
Hey guys 1PERCENT here,
Bitcoin and alts are rising viciously and the market is showing a lot of positive signs.
It seemed like Bitcoin wanted to go through some correction yesterday but the break of the monday mid range turned out to be a deviation and bitcoin came back to the range high.
If you don't have a position right now it is best to wait for an important level to break.
1. Bitcoin breaks $47201 and retests, then long to the next resistance ($51570).
2. Bitcoin rejects the range high to form a triple top. Short till the range mid then the range low
Since July the 20th Bitcoin showed a gain of 60% and many altcoins showed 100%+ gains. It's time to stay cautious since we are at a major resistance after a substantial run.
Liquidity is low during the weekends which means there's more volatiliry. Please do be careful out there with proper risk management.
Have a great weekend!
Don't forget to push the like and follow button if you find the content useful ;)
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.