TradingView
Bavo_DB
Jan 8, 2019 8:19 PM

Continuation of bear market! BTCUSDShorts @ Longterm-trendline Short

Bitcoin / DollarBitfinex

Description


BTCUSDSHORTS as Leading Price Indicator: Continuation

SCOPE OF ANALYSIS:
- BTCUSDSHORTS (near longterm-trendline)
- BTCUSD (Pricelevel)

Expected:
Continuation of bear marked based on long term support BTCUSDSHORTS
BTCUSDSHORTS - BTCUSD prices behaves mostly in the opposite direction.


Target: 1800 - 2300 USD
Tump-up if you agree!

Best,
Bavo
Comments
Rojke
Haven't seen BTC approaching like this. Thx for the insight.

I think we are at a crittical point @ 4100. Can go both ways. However, the strong rejection makes me believe we won't get true the resistance for now.
More