DanLaffas

BTC/USD 1hr Short Prediction - Bitstamp

Short
BITSTAMP:BTCUSD   Bitcoin
0
Just putting my thoughts out there for review and discussion.

I see the price squeezing into support @ $630-640 then breaking through to first stop around $560-570. Bounce back to $600 and finally drop to the $520 area before starting its climb back to the moon.

At the bottom I think we may even see the wick touch on the $470 region.

Any thoughts, suggestions, criticisms etc.

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.