350+ Pip Short to The Downside Before Rise to $20K?
Updated
Back at it again! Whats going on??...
I found a few intraday setups within the 1HR & 30m Time-frame.
I decided to focus in more on the 30 minute because it just looked better honestly... lol
Price created a clean zone roughly in between $19,250 & $19,175. It's currently breaking under that zone, and I expect a retest & fall to occur. Two major areas of profit for Bitcoin is $18,900 & $18,775. Which are significant Psych levels. Because of the recent close under 2 of my Moving Averages, I don't think this analysis will be invalidated. Even though i'm sensing bearish movement, it still aligns with my recent bullish weekly analysis of Bitcoin.
Leave a like if you agree with my Analysis
Leave a comment if you're trading BTCUSD this week
Stay Safe!
-Mr.Pipzz
I found a few intraday setups within the 1HR & 30m Time-frame.
I decided to focus in more on the 30 minute because it just looked better honestly... lol
Price created a clean zone roughly in between $19,250 & $19,175. It's currently breaking under that zone, and I expect a retest & fall to occur. Two major areas of profit for Bitcoin is $18,900 & $18,775. Which are significant Psych levels. Because of the recent close under 2 of my Moving Averages, I don't think this analysis will be invalidated. Even though i'm sensing bearish movement, it still aligns with my recent bullish weekly analysis of Bitcoin.
Leave a like if you agree with my Analysis
Leave a comment if you're trading BTCUSD this week
Stay Safe!
-Mr.Pipzz
Trade closed: target reached
All profit targets were reached for a 500 pip gain. +++
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