BTCUSD: Approaching A Decent Limit Area

This pair has shown some resilience to the selling pressure that became evident after touching the sub-60k area. The chart contains all the information that serves as a long signal; nonetheless, it is contingent upon a valid price action once the highlighted key area is reached. Better to avoid sending in the limits to the exchanges, but to consider the 46.8k as a limit area for getting into short risk exposure. With PA confirmation, CMP entries are advised.

Staying tuned for further tells.

Transakcja zamknięta: osiągnięto wyznaczony cel:

+6R on this one