SonicDeejay

BitCoin (19/1/8) *Yea, we had a nice ride Down to $10k and ...

COINBASE:BTCUSD   Bitcoin
Yes Baby, Did you get that? We are Bearish since $18,000 ish level.
Told You, this sh1t doesn't worth that much.

Anyway. It has tested a strong support of 10k level and keep in mind that $10k level is going to be a very strong support.
The market may swing back up, as there are tons of profit taking and dip buy up. It can even swing up to $13,300 or even $14,000.

SO, do not short with small SL, even if you may eventually right, your SL may get hunted first.

I am watching 10k level closely. IF it is broken, it will plunge down to $7,000 level


Trade Safe

s0nic


Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation.
Sonicr Mastery dot come is not responsible for any liabilities arising on the result of your market involvement or individual trade activities.

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.