🔴 #Bitcoin Weekend CME Price Action: I will say that with BTC sitting around this big $28K level
9 months ago
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🔴 #Bitcoin Weekend CME Price Action:
I will say that with BTC sitting around this big $28K level which has the Daily/Weekly 200MA sitting there, I am personally not very keen on shorting any deviations above.
In the past, we've often seen a weekend breakout at these kinda spots which tend to not retrace as easily as they otherwise would.
Trading around the CME price is best practiced during a ranging & choppy environment. We are still in such environment but that would likely change upon a strong break above this region.
Hence me not being too eager to short immediately in case we'd see a weekend pump.
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0:10
StormTrading
9 months ago🔴 #Bitcoin Weekend Price action around the CME Close price didn't do anything as per usual ✅
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StormTrading
9 months ago🔴 #Bitcoin Weekend dance around the CME price would be my guess as usual
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