Short Term BTC Retrace
BTC holding support at 30000 if we break here I believe we will hit the 26230 mark which is a test of an old trendline and will be at the 61.8 and 50. cluster fibs
mark. This will also put BTC in the cradle zone between the 10 and 20 MA on the weekly. What i'm looking to enter a trade for is a retest and
rejections at 34580 which will confirm a descending triangle or another lower high. This is where i will look to enter a small short at the 30000 mark when resistance breaks
and et my target for 26350
mark. This will also put BTC in the cradle zone between the 10 and 20 MA on the weekly. What i'm looking to enter a trade for is a retest and
rejections at 34580 which will confirm a descending triangle or another lower high. This is where i will look to enter a small short at the 30000 mark when resistance breaks
and et my target for 26350
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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.
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.