$BTC I've finally been waiting for you~
Friday's view: strong resistance confluence around 84,300—look for short opportunities. This trade has already gained over 1,500 dollars.
---With the price approaching 82,222, I recommend taking some profit at the first target.
---The only clear support formed during this rebound is at 80,300. Wait for a long entry there.
Take note: the market remains very weak, and the MACD fast and slow lines on the 4-hour chart have fallen below the zero line. A bearish divergence is also clearly forming on the daily chart. At this point, shorting at higher levels offers a much better risk-reward ratio than going long at lower levels!
Friday's view: strong resistance confluence around 84,300—look for short opportunities. This trade has already gained over 1,500 dollars.
---With the price approaching 82,222, I recommend taking some profit at the first target.
---The only clear support formed during this rebound is at 80,300. Wait for a long entry there.
Take note: the market remains very weak, and the MACD fast and slow lines on the 4-hour chart have fallen below the zero line. A bearish divergence is also clearly forming on the daily chart. At this point, shorting at higher levels offers a much better risk-reward ratio than going long at lower levels!