Bitcoin - Range Trading, Focus on ALTS
Hi Traders, Investors and Speculators of Charts📈📉
For the short term, I'm expecting BTC to trade range with occasional candle wicks above the resistance zone and wicks below the support zone. This will shakeout many swing traders, and I'm of the opinion that there are much better setups to trade right now other than BTC.
There are many altcoins trading extremely low right now, find some of them here if you're looking at coins that could x10 or x100 :
It's possible that there will be no interesting price action on BTC up until the halving, which will happen somewhere around April next year. Until then, there will be many other great trading opportunities in the altcoin market with high reward and low risk setups. We'll be focusing more on those.
_______________________
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CryptoCheck
For the short term, I'm expecting BTC to trade range with occasional candle wicks above the resistance zone and wicks below the support zone. This will shakeout many swing traders, and I'm of the opinion that there are much better setups to trade right now other than BTC.
There are many altcoins trading extremely low right now, find some of them here if you're looking at coins that could x10 or x100 :
It's possible that there will be no interesting price action on BTC up until the halving, which will happen somewhere around April next year. Until then, there will be many other great trading opportunities in the altcoin market with high reward and low risk setups. We'll be focusing more on those.
_______________________
📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍
We thank you for your support !
CryptoCheck
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If you're looking for ALTS to trade instead, check out these ideas:
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Looking likely for BTC to move to lower $26K zone:
