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peakindicator
Aug 4, 2019 9:07 AM

Time for BTC retrace, but how far? Long

Bitcoin / United States DollarCoinbase

Description

On the 4 hour we are showing a double top with MACD strongly reversing. A strong downtrend could take us down to the green superbuy zone. We also have strong support in the 10k area, so will consider entry if and when we reach that area. Sitting in USD for a couple days until we can get a clear direction. Everybody seeming pretty bullish lately , haven't seen any crazy dips in a while... just a gut feeling. Please thumbs up if you found this helpful.

Disclaimer: I am not financial advisor and this is not financial advice

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