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daOldWolf

BITU shallow pullback

Short
ProShares Trust ProShares Ultra Bitcoin ETF (BATS:BITU)  
daOldWolf Updated   
BATS:BITU   ProShares Trust ProShares Ultra Bitcoin ETF
Supply and Demand Trend Lines Elliott Wave
2
1
supplyanddemand trendline elliottwaves
BITU - channel resistant , short to target 28 where 4h demand exists. Not look for staying short too long on this one. It will eventually break the channel to the upside. Will update chart when long signal happens.
Comment:
BITU is getting close to 28 target. If shorted, tightening stop or book profit.
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