BITCOIN: Not financial advice

BITCOIN: Not financial advice

By toofasteddie | The cryptorunner | 11 Mar 2021


Goal reached for me, BTC touched my selling zone and it seems that BTC has made a feint of wanting to correct according to plan but it does not seem to be strong enough to continue.
With which, we arrive at the moment of truth, as always, two possibilities, contemplating a price increase in both but in the first, which is the one I show in the graph, BITCOIN would first complete the regular flat.
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Open Interest on BINANCE does not provide a clear clue about which direction to take, maybe on the hourly looks like LONGS are closing at this level but anyway, it looks a weak indication.

image.png

I am anyway, stick to the plan, I will re-enter a long in case it falls below 45K as previewed or also in case it overpasses 60K as a countermeasure.


@toofasteddie

*Disclaimer: This is just my personal point of view, please, do your own assessment and act consequently. Neither this post nor myself is responsible of any of your profit/losses obtained as a result of this information.

 

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toofasteddie
toofasteddie

Dad, Engineer, Runner and Crypto-trader


The cryptorunner
The cryptorunner

Opinion and Trading Ideas about crypto

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