TradingView
FXMHDH
Jun 10, 2021 11:04 PM

BTCUSD A Great Selling Opportunity Short

Bitcoin / U.S. dollarBitstamp

Description

Trade Proposal:
There is a probability of first tp to the proposed ( 33800.00 ) Direction line. So, Traders can set orders based on Price Action and expect to reach short-term goals.

Technical analysis:
BTCUSD is in Downtrend and It is Expected to Continue Downtrend.
Comments
TheBadMrFox
AGREED. THIS IS A CLASSIC BEARISH FALLING WEDGE - but MORE IMPORTANTLY is the SPX
TheBadMrFox
@TheBadMrFox, while the SPX drops the DXY will push the USD higher and The currency pair lower. It AWLAYS relied on the inflated dollar anyways. Only bear i wouldnt be looking at. SPX is being manipulated more thanIve ever seen any in 15 years
More