BitcoinUpdated DANGER for BTC TODAY (waves) 19.11.2019
Hey!
At the moment, we have 2 scenarios for the behaviour of the price of bitcoin.
Our recommendation No.1
It is worth selling at a local correction to the level of 8350 with stop loss at the level of 8650.
Our recommendation No.2
In the variant with the upward model (right graph), we should expect a breakdown of the level of 8650, after that you can make long positions at the local correction.
At the moment, we have 2 scenarios for the behaviour of the price of bitcoin.
Our recommendation No.1
It is worth selling at a local correction to the level of 8350 with stop loss at the level of 8650.
Our recommendation No.2
In the variant with the upward model (right graph), we should expect a breakdown of the level of 8650, after that you can make long positions at the local correction.
Note
UPD for short scenarioAt the local correction we advise to short-sell of BTC
Note
UPD XRP
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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.