BitcoinShort
RACEACEACE BTCUSD BITCOIN LOWER T.F BULLTRAP. BOTTOM? YOU REKT!!
I believe a bounce from this 8/1 Gann Fan line (circled in purple) is limited to 7100-7200. The price is likely to dump down further to 4hr support after a bearish bounce - 6800 FOR NOW. Best support is 6347-6200.
Let's take this one step at a time.
Until the price finds support above 7200, all trades must be treated as 1Min t.f scalps (lower t.f). Holding anything is very risky.
Remember, BOTTOM CATCHERS ALWAYS GET REKT!!!!!!!!!!!!!!!!!!!!!!
God forgive me for my rash delivery but I remember vividly what these streets did to me.
Let's take this one step at a time.
Until the price finds support above 7200, all trades must be treated as 1Min t.f scalps (lower t.f). Holding anything is very risky.
Remember, BOTTOM CATCHERS ALWAYS GET REKT!!!!!!!!!!!!!!!!!!!!!!
God forgive me for my rash delivery but I remember vividly what these streets did to me.
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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.