Weekend silence in the Bitcoin market
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.
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t.me/NextLevelCrypto
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
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.