Bitcoin update June 21 Long

Bitcoin / United States DollarCoinbase

Description

⋅ Jun 21, 2021 8:54 PM

Hello
Bitcoin update 21.06.2021

I still follow my previous analysis.

We touched support line of triangle
Inside the triangle I see falling wedge pattern
RSI-Oversold
Fear and greed index - 23 (Extreme Fear)

We shorted last down movement
And I see good level for swing trade

Best regards EXCAVO

Trade active

⋅ Jun 27, 2021 11:28 AM

Comments

AdrianZen

⋅ Jun 21, 2021 9:27 PM

Small bounce or a little chop then down again. Look at the volume, it's increasing. People are starting to abandon the sinking ship.

Amit26

⋅ Jun 22, 2021 4:51 AM

@AdrianZieniewicz, sinking ship?? a patch of rough sea may be, the ship isnt sinking

UnbearableLightness

⋅ Jun 22, 2021 7:24 AM

@Amit26, cope

apsnt

⋅ Jun 22, 2021 10:06 AM

@AdrianZieniewicz, Yeah, it's a widening wedge. Deeper drop incoming.

fract

⋅ Jun 22, 2021 1:42 PM

@AdrianZieniewicz, wait, after the pullback

Alexxfxx

⋅ Jun 22, 2021 1:52 PM

@fract pullback from which price?

goldtrader07

⋅ Jun 21, 2021 9:26 PM

Definitely bullish Elon musk lost a lot of money and he will continue to lose money going bearish.

LA_Designer

⋅ Jun 21, 2021 11:59 PM

@goldtrader07 Good.

BORGG

⋅ Jun 22, 2021 1:26 PM

@EXCAVO does the break of 30k change your view?