BitcoinShort
Re-entering short at the 0.618 fib level
The 0.618 fib level sits right at 68.6k where I plan to enter short and I expect some resistance to take place.
My short target will be 43k.
Another reason for me to take this short was stated in my previous DXY analysis where the DXY is putting in bullish price action (which can lead to bearish price action in bitcoin).
I hope this analysis finds you having a blessed day! 🙌
My short target will be 43k.
Another reason for me to take this short was stated in my previous DXY analysis where the DXY is putting in bullish price action (which can lead to bearish price action in bitcoin).
I hope this analysis finds you having a blessed day! 🙌
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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.