My2Sats

BTC Update! Range bound Friday!

COINBASE:BTCUSD   비트코인
Quick update. I am likely off the trading side for the weekend unless extreme volatility. Sometimes, just happy with the week and don't need to risk giving anything back unless extremely favorable scenarios. Those still active this weekend tho, we had a nice day of sideways action. BTC is range bound currently. We had a low of $3869 followed by a high of $4020 the next hour. Approximately 4 hours later we double topped again at $4020 exactly and approximately 5 hours from there we double bottomed with a low of $3870. Overall a tight range. Bears allowing for RSIs to cool off and can step into short positions easily with a break below $3869/3870 while bulls may seek to step in with a break of $4020. Definitely worth watching and likely a trade-able scenario depending on if playing bullish or bearish and which direction it breaks. But personally will sit cash for weekend unless something more exciting shapes up.

See everyone Monday!

Just My 2 Sats!
면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.