rubenthin

Retrace with ending diagonal

BITFINEX:BTCUSD   Bitcoin
3
I've been trying to decipher what's been going and nothing's been fitting.
I just realised this potential answer.
This explains the protracted retrace and heavy support coming from $367 or 71%
Shorting into high 240s then long on this basis.
Any thoughts?
Thanks a lot.
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.