BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
BTC slowly retracing to paint fourth wave. Heavy resistance above.

Waiting for confirmation at top of channel to close long position. Then prepare for short-side move.
Mar 10
Trade active: Long position was closed at 11,500.

As expected, resistance was not broken and we will continue down from here.

Congratulations to those who were patient. We are still in bearish move.

Important levels for possible bottoming patterns are 5000 and 3000.

Will update as necessary.

Comments

You were right! Congratulations :)
Will follow you
+1 Reply
Thank you for the update.
Reply
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