fxsurgeon1

BTCUSD a falling knife and where it might reverse

Long
COINBASE:BTCUSD   Bitcoin
Consistent to my previous analysis, BTCUSD did get to the predicted level however price did not reverse. It seems now price is seeking lower level liquidity indicated on the chart. The likely reversal zones are also shown with the lower one being a more high-probability zone.
Never enter longs unless you see market structure reversal on lower timeframes (H1, H4). Good luck
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.