olelowilliam

BTC Following Curve Bottom - Short and Long Plays

GEMINI:BTCUSD   Bitcoin / U.S. Dollar
Using FIB retracement and SMAs , this chart shows two potential plays depending on the direction BTC goes. Volume has been weak so braking strong resistance levels could be difficult at the moment. I plan to sell at the 200 SMA and possibly buy back in after a retest. Not financial advice and keep in mind I've only been trading crypto for a year.

Comments

This one played pretty nicely.
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