MichaelHenke

sideways action for the next 4-6 hours

Short
BITFINEX:BTCUSD   Bitcoin
I think the most of the price action has happened for today and I expect some sideways action for the next 4-6 hours before we will see our next decision. Which way it goes, nobody knows. 2 small green candles on the 3h chart will fit the current pattern perfectly and might form a bear flag. Overall still bearish on BTCUSD short. Good night!
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.