NextLevelCrypto

Weekend silence in the Bitcoin market

BITSTAMP:BTCUSD   比特币
Small movements appear currently in the market.

The buyers and sellers don´t argue about the price and found an equilibrium.

We can see two trading ranges: a wide range and a small range.

The price is in the small range right now. So we as traders have two upcoming opportunities: to long or to short the price at the boundaries.

It is always risky, so a good risk management is important.

My first target would be the wide range´s boundary.

Probably the weekend will be quiet, so i don´t expect big moves right now or on Sunday.
On Monday a new week starts and the forces will clash once again.


If you found this post helpful, like, comment, and subscribe!

Telegram Signals
t.me/NextLevelCrypto

免责声明

这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。