Bitcoin- Sell rallies remains my strategy
When it comes to trading, there is a saying:"Trade what you see, not what you think or hope", and, regardless of our hopes and dreams, Bitcoin's price action is bearish.
Looking at the chart we can see that the rising wedge's trend line support is clearly broken and BtcUsd is in a consolidation
I expect sellers to be strong between 57 and 60k zone and here I will look to open short trades. A break under recent 54 support would expose 51k recent low and a break here would really accelerate losses towards 40k zone.
Only a new all-time high would delay this scenario
Looking at the chart we can see that the rising wedge's trend line support is clearly broken and BtcUsd is in a consolidation
I expect sellers to be strong between 57 and 60k zone and here I will look to open short trades. A break under recent 54 support would expose 51k recent low and a break here would really accelerate losses towards 40k zone.
Only a new all-time high would delay this scenario
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💎 Crypto Channel:
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t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
🌟 Bust your trading with 50% deposit bonus:
secure.m4markets.com/links/go/5426
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