BTCUSD - Keep it Simple Short

Bitcoin / DollarBitfinex

Description

⋅ Jul 27, 2018 9:20 AM

Looking at the bigger picture

- Break and Retest of Weekly Trendline
- Favoured Fib Retracement

Comments

ali.gharachorloo

⋅ Jul 27, 2018 10:22 AM

valume is not so hight in breakpoint so breaking trend is not valid

AshleyB95

⋅ Jul 27, 2018 11:11 AM

@Ali.gharachorloo, Thanks for your comment. No matter what the value is there is still an overall trend so a break of the trend is valid.

ali.gharachorloo

⋅ Jul 27, 2018 1:17 PM

@AshleyB95, so u think price is going down ?

AshleyB95

⋅ Jul 27, 2018 10:14 PM

@Ali.gharachorloo, I believe we will see price go lower before making a move higher. Longterm I think BTC will reach previous highs but there is still downside potential first