Bearish formation. It's BTC and it does what it wants, but expecting a drop in the short term. Targeting 6200 minimum.
Note
Wicked down toward first target but fell short. I remain bearish for the time being.Order cancelled
BTC and the market as a whole showing more strength through the weekend than I expected. Cancelling out this idea as it was wrong (was never a trade, simply a thought). Will reassess BTC outlook.
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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.