ChrisJTradesFX

BITCOIN

ChrisJTradesFX Updated   
BINANCE:BTCUSD   Bitcoin
These are levels that I'll be keeping an eye on when dealing with BTC/USD, and I'll revise as price action progresses.

I adapt to the change in money flow.

All I'll say is that if the $32,310 can no longer assist in supporting price then I see $20,000 being the next location it can potentially head for in the near future. We shall see...
Comment:
I'm anticipating a bigger drop $11K - $20K. 👀
Comment:
I wouldn't get too excited if P.A. just so happen to rally. IJS.
Comment:
Bullish breakout took place, but like I stated May 23rd to not get too excited. I believe somewhere around the $36000 - $37130 range the bears will enter the market which will then start the new bearish leg.
Comment:
$20K is price's next potential target. 👀
Comment:
If price happens to make it to the $18245 I'll then be very interested to see how it starts to react... it's already starting to whipsaw so money flow can be gearing up to change hands. We shall see...
Comment:
It made it to $18245, dipped below it (what I was anticipating) and rallied above it. So far so good, but we're not out of the clear just yet. Keep track of money flow!

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.