BTC/USD
At the moment BTC/USD has not given much to work with in regards with giving proper entry reasons after creating structure. We could definitely expect BTC/USD to create a move to the downside to go and test and create support at around the 28000 zone. For now BTC/USD is in a very strong uptrend and to be looking for a short is very risky. I would rather wait for BTC/USD to go and create structure and shift back to a bull market before taking any trades.
Trade closed: target reached
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.