TradingView
mariellangsaez
May 21, 2019 4:03 PM

Bearish correction for bitcoin 

Bitcoin / DollarBitfinex

Description

For any of you that are trading CFDs, We see sales for a short period of time, let's hope for a retracement in the fibonacci, which in turn fulfills the double ceiling that is marked at 100%, besides that, we have the price cornered in a pennant, and most likely look for a return to the 200 moving average, we look for a sale up to 61%, if youre trading in an exchange, look out for the next buy level at 61% or 50% of the retracement.

Happy profits, use risk management.
Comments
gcplau
you chart exhibit a "diamond" shape. wait it close below 7600 or 8200 in 60 chart...breakout and pull back, then, this direction will give you higher probability. Tested many times.
More