BitcoinShort
btc bulls failed
12.08
heavy shorting:
1) brake below 23800 on the daily
2)push into 25400 and rejecting.
30.08
*) broke below the mid lvl
*) failed to reclaim the descending weekly 12ma
*) rejected aggressively from the marked order block around 25K
!!! action plan for the coming month
1) failure to hold above mid lvl and change the 12/21 ma will provide a point bias into continuation of shorting and vice versa.
2) watching th ersi to cool off and hit the 50 on the daily might provide a spike above mid lvl and an opportunity to go short.
heavy shorting:
1) brake below 23800 on the daily
2)push into 25400 and rejecting.
30.08
*) broke below the mid lvl
*) failed to reclaim the descending weekly 12ma
*) rejected aggressively from the marked order block around 25K
!!! action plan for the coming month
1) failure to hold above mid lvl and change the 12/21 ma will provide a point bias into continuation of shorting and vice versa.
2) watching th ersi to cool off and hit the 50 on the daily might provide a spike above mid lvl and an opportunity to go short.
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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.