This is just a quick overview of what I'm looking at for the BTCUSDT / XBTUSD chart for the retracement after the wild bull-run we just had.
We successfully broke 8k with something of an extended wave to heavy resistance at 8.5k that was met with a double top [which we've seen a lot of this year.
I have been short on BTC since 8.4k and I plan to keep scalping shorts down to the first target I listed, 7.7k.
We still have a bit to go until we hit ALT coin season, so I'm going to be mostly focusing on BTC for the next few weeks.
Happy trading!
We successfully broke 8k with something of an extended wave to heavy resistance at 8.5k that was met with a double top [which we've seen a lot of this year.
I have been short on BTC since 8.4k and I plan to keep scalping shorts down to the first target I listed, 7.7k.
We still have a bit to go until we hit ALT coin season, so I'm going to be mostly focusing on BTC for the next few weeks.
Happy trading!
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.
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.