OptimoomFX
Short

Bitcoin- time to sell?

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
In my previous BtcUsd analysis I said that bitcoin can rise to 11k zone from 10k bottom.
Now the price is just into this zone...
With a confluence resistance given by ascending trendline and horizontal level, I expect a new leg down from Bitcoin that can bring the price under 10k to 9k support.
A sell trade around 11.200 can also have a good 1:2 R:R

Comments

market is volatile cause of defi hype & uni token stimulus .. i wouldnt sell just buy dips
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Thanks bro.
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OptimoomFX Shaila-akter
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ThanksGoodJob
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OptimoomFX PolarHusk
@PolarHusk, thanks!
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Have a look at my idea Bitcoin Fib Analysis...will go higher?
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perfect idea
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OptimoomFX CryptoCheck-
@CryptoCheck-, thanks! Is pure technical, i don t trade crypto very often, but looking at bitcoin, is very "technicaly correct":)
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I wouldn't be surprised.. if it smashes through 9k support !!
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