BTC TA: Breach of 50k, targets are now at 60k
BTC has broke the very strong level of 50k. this ascending wedge or retail pattern could have induced a lot of sells around 50k and they were just squeezed up by this last push.
However I do not believe we are primed or ready to make another significant leg up without taking some more liquidity from our friends who are leveraged long in between 48k-50k.
There is a lot of liquidity resting underneath our obvious retail trend line. I will be looking to buy the fear and have zones highlighted for amazing DCA entries or even day trades with smaller tf confirmations. In any market, the market is designed to make the most amount of people lose. Therefore our opportunities are where the masses stop losses are.
However I do not believe we are primed or ready to make another significant leg up without taking some more liquidity from our friends who are leveraged long in between 48k-50k.
There is a lot of liquidity resting underneath our obvious retail trend line. I will be looking to buy the fear and have zones highlighted for amazing DCA entries or even day trades with smaller tf confirmations. In any market, the market is designed to make the most amount of people lose. Therefore our opportunities are where the masses stop losses are.
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。