Short
Long term view. (6 month trading plan). Target 2650
Seems like we are going to follow this picture while Bitcoin will continue downtrend.
We may expect trend reversal around 2650.
We may expect trend reversal around 2650.
Note
We have big shadows after triggering 1st zone. Was not expecting such result.So we have tested support and got kicked higher. Lets see what will happen after triggering resistance around 4400. Of course we will have short term pullback but the most important thing will come after.
Be very careful with you shorts. For now it looks not so obvious.
Note
Stellar trading around resistance zone. If we break through 4400 we will definitely see high volume and rally to 5000Order cancelled
Yeah. I was wrong. Now we are consolidating under 4400.
Last steps before breakout.
I will try to post new trading idea with bullish targets.
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Related publications
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.