A doubble bottom is forming now, it's target would be 8250 aprox. which is a zone were lots of confluences (fib levels and retracements) would push bitcoin in the downside direction.
We'll have to wait how this works out, but I'm getting excited to see if this can play out.
Hope you like the idea, it aligns with the thoughts I posted before this recent try from BTC to break lower.
Cheers!!!
We'll have to wait how this works out, but I'm getting excited to see if this can play out.
Hope you like the idea, it aligns with the thoughts I posted before this recent try from BTC to break lower.
Cheers!!!
Note
so far so good :DNote
time to start adding positions on the short side!!Note
HIT!!!!
Follow me up on twitter! @2Flaw7ess
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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.
Follow me up on twitter! @2Flaw7ess
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.