Sive-Morten

Short position against 25.6 resistance

COINBASE:BTCUSD   Bitcoin
Morning folks,

So, our Monday setup is accurately done - minor AB-CD pattern completed, and we have "222" Sell pattern. Wyoming could bring surprises, and break technical setup, no doubts. But this factor is external and stands out of our control. So, it makes no sense to rely on it. Technical picture looks bearish and suggests downside breakout. Supposedly short Sell might be considered with protection above 22.5 resistance area


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.