GoldCartel

Potential Reversal

Short
BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Please click the link in the yellow circle to see the previous analysis.

I need to see 1 more weekly confirmation candle. If it can break out and close below 20k, I reckon it will fall deeper to 9k - 11k.

Catalyst:
- Price action

Here's attached below my best 2020 Crypto's analysis:
Comment: Finally reached the potential target 1 at 29500 zones.

We will re-enter higher at the better rates, currently holding a few percent of the positions.
I'm not a salesman who sells a "Master class trading strategy." I'm a full-time trader, and I trade to pay my bills.

I provide daily detailed analysis and trading setup.
More info: https://t.me/goldcartel

Comments

Great work
+2 Reply
GoldCartel Cess-gail
@Cess-gail, Thanks for the feedback
Reply
agrees with you, looks at the beginning of the downtrend
+2 Reply
GoldCartel P_S_trade
@P_S_trade, Very potential, indeed
Reply
a fan
+1 Reply
GoldCartel lostinthecosmos
@lostinthecosmos, Thanks for the positive feedback
Reply
Are you still looking for a bearish move now that it's almost at 50k? Thanks.
Reply
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