BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
263 3 4
Price looks certain now to visit the teens again as we have entered this downward Pitchfork . It goes without saying what an important support level we are on and what it could mean if we break it.

The vertical red lines on the right of the chart signify the time when settlement occurs on futures . For this reason I am looking to build a short position on Quarterlies for the specific reason that if this were to continue below the first 215 target and possibly beyond the 2nd over a protracted trading period I don't want to be searching for a position with an expiring weekly contract.

If however we hold this support zone it could be an amazing long opportunity but after grinding out the entire month of May in chop I can't see us going back up for more.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out