Good morning,
It's vital to look at what BTC is doing before selecting which trades to take for the rest of the week.
The price is been hovering between $37K and $40K on a regular basis.
We have strong resistance at $39K if we see a run up.
A CME gap, Fibonacci resistance, and Daily Naked point of control can all be found here. If we see Longs start to open near this level and then decline, we can expect more downside.
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☑️ Follow, Comment & Like
☑️ Create a civil and healty discuss in the comments and share with me your thoughts
Thanks and Happy Trading!
It's vital to look at what BTC is doing before selecting which trades to take for the rest of the week.
The price is been hovering between $37K and $40K on a regular basis.
We have strong resistance at $39K if we see a run up.
A CME gap, Fibonacci resistance, and Daily Naked point of control can all be found here. If we see Longs start to open near this level and then decline, we can expect more downside.
<---------------------------->
☑️ Follow, Comment & Like
☑️ Create a civil and healty discuss in the comments and share with me your thoughts
Thanks and Happy Trading!