rustygeeart

Short till the resistance area. Basic analysis

Short
GEMINI:BTCUSD   Bitcoin
Wow what a wick! Looks like the Bears were not gonna have that breakout. Well went to the top of my fib so now next step is the bottom rung. There must be a lot of desprate bulls who bought on the breakout, I think that if it turns harder downwards it can go fast because they will be looking to dump their positions.
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.