BitcoinShort
RACEACEACE BTCUSD BITCOIN XBTUSD Update
Look, if you know the support and resistance, understand your risk, and are in your zone, there is no fear. Here’s the next lower t.f play:
Next move: I believe that until the price breaks below the red 2/1 it can bounce, wick, or sideways chop. The price has just made a lower local high. If it holds, I will anticipate the possibility of it making a lower local low.
Resistance: 7445
Support: 7084
Below 7084 = 6861
I’m currently in a short scalp without a stop loss.
Next move: I believe that until the price breaks below the red 2/1 it can bounce, wick, or sideways chop. The price has just made a lower local high. If it holds, I will anticipate the possibility of it making a lower local low.
Resistance: 7445
Support: 7084
Below 7084 = 6861
I’m currently in a short scalp without a stop loss.
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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.
Related publications
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.