FaisalShaikhYousef

Where is BTC headed over the couple of days (SHORT TERM TRADE)

Long
BITFINEX:BTCUSD   Bitcoin
Here is where I see BTC headed for the short term. I am personally gonna trade that.

This is not a financial advice , this is just for entertainment. Do your own due diligence. I am not responsible for any loses.
Comment:
We are headed towards 2.7k$ regardless. It may break out of the triangle earlier , like it is doing now or keep going through the triangle and then break down. So in both scenarios we are heading lower.
Comment:
The yellow line I drew is acting as resistance. If we manage to break above wait for a conformation candle to close above the yellow line. If we keep on testing the resistance line, this means we will head to the target in red. $2.7k-$2.9k.
Trade Safe!

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.