Long
BTCUSD correction into OTE +OB
We all know BTC is notorious for doing full retraces. Good reaction off 228. Looking for a retrace into the darkgreen area. However dipping lower to the bottom of the light green area is possible. If we retrace here and see Bullish divergence. We have a strong case for higher. Could be a while to unfold. Last moves have been during the weekend.
Expect a fakeout to the upside to trap some longs.
Expect a fakeout to the upside to trap some longs.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.