This is my personal very short term view of Bitcoin right now. I think there's a small leg up left and then we dump.
But be careful because I think that right after breaking the low of few days ago there's a nice bounce up waiting for!
Ley's have a look, I have an alternative count but this is the main one for the moment, and you'll see that the stop is right above the 61,8% retracement.
luv
®pupulandia
But be careful because I think that right after breaking the low of few days ago there's a nice bounce up waiting for!
Ley's have a look, I have an alternative count but this is the main one for the moment, and you'll see that the stop is right above the 61,8% retracement.
luv
®pupulandia
Note
So the impulsive down move has not been confirmed, since the rejection we have been correcting again, and the volume was low too, I moved the stop to breakeven because there could be a last move up to the red line at 61.8%, around 8070$, so keep an eye!!luv
Trade active
So I entered long at 7500 for scalping the bounce but when I saw that my white S/R line at 7620 has flipped from support to resistance, I closed the micro scalp and reentered the short..Note
I'm going to close this at 7115 or so, in the next few hours..Trade closed manually
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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.