Bitcoin has been trading sideways for several hours without a breakout. This sideways trend will drain bullish momentum, which is why a prolonged period of sideways trading is bound to lead to a decline. Consider opening a short position at this point, anticipating a short-term correction.
Strategy
Open a bearish short position near 113,500, targeting around 112,000. Hold the short position if the price falls below this level.
Strategy
Open a bearish short position near 113,500, targeting around 112,000. Hold the short position if the price falls below this level.
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I share my trading ideas and strategies daily for your reference. Feel free to follow my updates.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
If you have questions about the direction of gold, crude oil, Bitcoin, and Ethereum, you can follow me.
I share my trading ideas and strategies daily for your reference. Feel free to follow my updates.
I share my trading ideas and strategies daily for your reference. Feel free to follow my updates.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.