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ChartProphet
Jan 3, 2020 1:44 AM

$6400 BITCORN? Short

Bitcoin / United States DollarCoinbase

Description

Looking like we might make a drop down to $6400. Sorry if the chart is a bit messy, simple H&S pattern to focus on here basically.

Comment

Oops. Bitcoin just called and said F U
Comments
Qwertyqaz
Seems to have bottomed wouldn't you say? Or are you still confident in the drop? Thx in advance!
ChartProphet
@Qwertyqaz, Lets watch for a break of $7400 before we go too long. I did close the trade but I am also playing smaller time frames and re entered a short with a close stop loss. This here could be considered a good zone to wait out.
Qwertyqaz
@lightloupes, agreed!
ChartProphet
Let me know what you think, and as always, this is not financial advice!
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