Alex_Clay
Short

#BITCOIN - We can have a Correction

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
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we completed two targets on previous upward wave after price reached out buy zone. now price can take a correction because the price was stopped by the resistance of the channel.

However if we have a confirmed breakout of the channel's resistance level we will go up

Please follow the Trading View profile to support my work

Do not trade this idea before you make your own analysis!

Comments

brilliant work
sharing my view
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nice!
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Good Work!
Please share your thoughts on my new work on BTC
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Check ideas also
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see the update chart, about whale effect
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This correction might hurt some more before it gets better


1) because of the stupid fomo bull run
2) we might actually end up on the lower trend lines
3) especially if you were to look at the monthly RSI ; we don't know that bottom yet ...

what's the lowest monthly rsi we could reach ?
nobody knows, we might be about to find out ...
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bitcoin about to increase to target.
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Nice TA, it was also a very big move in CME BAKKT volume at that price.
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