Bitcoin intraday and possibly strong weekly support around 7.2k now
I would like to recommend to buy on dips but if we see a weak really to 7263 area then I would buy with stops just below 7200 to test the 8.1k atleast and higher. For me, it is a least risk rally as we have seen strong momentum building for a new rally.
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Bitcoin is a cryptocurrency, a form of electronic cash. It is a decentralized digital currency without a central bank or single administrator that can be sent from user-to-user on the peer-to-peer bitcoin network without the need for intermediaries.
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Maybe it will go down further Le's see what happened.
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Aman Arora 01 DecYes ltilker ! IT found support exactly as I mentioned. Scaling out now with 150 pips. Thats enough for me as an intraday weekend trader.
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please add more details in your posts, you are at level 10 we expected quality content from you.
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Aman Arora 01 DecWhat type of quality do you observe or expect ? Its an original content with trading levels . Watch the PA & have patience. I hardly post here as I know people trying to gain unfair advantage by being criticis. Level 10 Level 20 means nothing to me If I don't get value for my posts.
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Well, it will be great to see the market opening tomorrow to draw some more vivid conclusions.
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Aman Arora 01 DecI know it is lacking liquidation due to market close but stil billion in volume during weekends don't require market participation but yes pending orders and new cash Flow would have make that move more impactful.
Thanks for showing intend. Appreciated . keep asking & I would be ready to follow through .
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roke hassan 02 DecVery bad situation.