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UnknownUnicorn6402893
Aug 16, 2020 10:37 AM

BTCUSD. Local Reversal  Short

Bitcoin / DollarBitfinex

Description

Hello Fam!

Bitcoin left the ascending channel, it correlated with a rejection of the horizontal resistance. Now we have support to be visited & more downward if Bitcoin crosses it.

Good luck to you!

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This idea does not provide the financial advice.
Comments
harisonhbn9718
That as I proyect. A possible co solidation in the $10,400 and $12,000
TheCryptAlpha
Locally shafted
FXCM
thanks for sharing, very interesting! I have a different view, this is my view on BTCUSD:
SpaceCatZ
Good call. I agree with local correction ... otherwise mega dump,,,,
TheGenius777
@SpaceCatZ, it's gonna be a mega dump! We could go sub-4k
SpaceCatZ
@TheGenius777, i do not expect that but if we do not stop this run whales will empty their hands between 12k-14k then possible dump to 6k-9k range .However if we correct to 10k-11k range at this moment , going up to 14k-15k is on the table. we are just feeding the evil at this moment.
Alexander_Harford
Well done ! Kepp going!
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