saburdometals

$BTCUSD looking very weak on the 240TF. I remain short for now.

Short
COINBASE:BTCUSD   Bitcoin
$BTCUSD on the 240TF looks like it is getting ready to dive. Holding short positions for now. I see a bearish cross on the MACD and a move across the middle of the Bolliger Bands looks like a real possibility. Of course, if we can somehow manage to clearly break the resistance at around the 9200 area I would go long. Bearish for now. Go well.
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.