Get started
UnknownUnicorn2302450

$BTC / $XBT - Going Short - EMA Targets

Short
Bitcoin (BITFINEX:BTCUSD)  
UnknownUnicorn2302450  
BITFINEX:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Technical Indicators BTC BTCUSD ETH LTC Bitcoin (Cryptocurrency) Ethereum (Cryptocurrency) Litecoin (Cryptocurrency) cryptotrading cryptotrader
2
0
trendanalysis chartpattern indicator btc btcusd eth ltc bitcoin ethereum litecoin cryptotrading cryptotrader
BTC / XBT - Going Short - EMA Targets

Judging by the looks of a couple things Im short $BTC here short term. Overall mid-long term Im bullish
- High TDsequential counts
- Bearish looking turn of the Heiken candles
- RSI is overbought and looking to slow down
- Still high in the BB, could retrace to just above its midline (~55% BB)

Short
- Red target zone ~$6700
- Blue target zone ~$6875
Long
- Green target zone ~$7375
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.