BitcoinShort
Short term down side BTC!?
Hi Guys,
As we see on this 12 H chart BTCUSD might be facing heavy resistance. 200 MA on the daily and 200 MA on the 12 H. In addition it might be forming a rising wedge as well.
I expect a short term rejection as the oscilators are also getting tired.
Let us see...
Happy and safe trading! Dont forget about proper risk management!
Always place stop-loss and don't forget to take profits!
*This is not financial advice, this is only an idea. Do your own research and act on your responsibility.
As we see on this 12 H chart BTCUSD might be facing heavy resistance. 200 MA on the daily and 200 MA on the 12 H. In addition it might be forming a rising wedge as well.
I expect a short term rejection as the oscilators are also getting tired.
Let us see...
Happy and safe trading! Dont forget about proper risk management!
Always place stop-loss and don't forget to take profits!
*This is not financial advice, this is only an idea. Do your own research and act on your responsibility.
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.