Bearish Minor C, opportunity to short
Updated
Bitcoin has created a flat corrective pattern based on my point of view, this uptrend has low volumes and is a fake breakout of wave B. Expecting decline of prices quickly, one of the worst case scenarios I see is a leg down to 2.5k or lower. Good luck to you!
Trade closed manually
The leg down is corrective a, b triangle and c. Expecting a new high to complete the sequenceTrade active
Note
The bearish leg has began, from here (24.2k) and down to wherever we go, wish you guys good luck!Note
The high got broken on last try, trying to short once again from here with stop loss around 35kNote
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.