BTC has come up and rejected the 4H 50 EMA and rejected the 78.6 fibonacci extension based on the latest structure points.
Based on this, and with a further confluence of a 1H doji shooting star on the prior candle, Im very confident in the short play for Bitcoin.
Stops set 9440.
Target 1:9080
Target 2:8980
Hope this helps.
Based on this, and with a further confluence of a 1H doji shooting star on the prior candle, Im very confident in the short play for Bitcoin.
Stops set 9440.
Target 1:9080
Target 2:8980
Hope this helps.
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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.