TradingView
Riester
Apr 18, 2021 3:50 PM

BTCUSD: Target 46500. First Backtest 59500. Short

Bitcoin / U.S. dollarBitstamp

Description

1. Backtest weekly and Trend Line as resistance
This establishes bearish MS as we make a Lower High

2. Proceed to make a Lower Low, following the bearish MS.
Target weekly demand @ 46500-48000
Could see a nasty wick in 44500, but expecting 46500 to hold with a daily close
Comments
abigail778877
Great analysis thanks
More