illuminiF0x

Correcting before another leg down

Short
BITFINEX:BTCUSD   Bitcoin
We have a possible running flat forming here in BTC on the 1hr. If this plays out we can expect another leg down. On the daily we have large volume coming in on a narrow candle, a bullish sign that indicates big acculuation. Following the next leg down can start to look for a reversal and buy setups.
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.