tradafx

Sideway appeared with BTC

Short
COINBASE:BTCUSD   Bitcoin
H1 time frame.
Structure: Sideway trend in the 47000 - 52000 range.
Wait for the price to form a bearish reversal pattern at the 52000 zone, then look for selling opportunities.
The profit target is the 47000 price zone.
-----------------------------------------------------------------------------------------------
Wish you all have a good trading day!

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.