XBTUSD: Ranging, What's next? Up or Down
After another rejection at $9900 bitcoin price fell down to $9300 and trading in some sort of range $9300 - $9500 with $100 spikes in both directions.
At the moment, I have a short setup from ~$9600 (short up spike) and long setup at $9250. I prefer long, that's why stop is too tight on short, but it makes sense as well.
Close below $9300 will be a bad sign for bulls. And I think if we nuke down or up, 9k or 10k will be broken soon.
Hit the "LIKE" button and follow to support, thank you.
Information is just for educational purposes, never financial advice. Always do your own research.
At the moment, I have a short setup from ~$9600 (short up spike) and long setup at $9250. I prefer long, that's why stop is too tight on short, but it makes sense as well.
Close below $9300 will be a bad sign for bulls. And I think if we nuke down or up, 9k or 10k will be broken soon.
Hit the "LIKE" button and follow to support, thank you.
Information is just for educational purposes, never financial advice. Always do your own research.
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