Short
BTCUSD THE BIG SHORT?
Has the time come? we have spiked upto 34k which is usually a sign that the end is near. Im doubtful of shorting a raging bull. but the profit taking will likely lead to a new higher low being made in bitcoin. Price atm on the daily is making a pinbar and looks like it is rejecting these prices. Look to short a potential breakdown in price.
Note
4h chart making a 0.618 pullback so we could rally higher, no trade taken as of now
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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.