Hello, just wanted to share my current view on the markets and what i think is gonna happen the coming Days.
Btc is currently trading above a local support and i think its somewhat likely that we will see a resistance retest before crashing to 10-14k.
its seems we are currently trading in a local rounding bottom (white curve) altho thats not for sure yet.
As long as the green support holds im shorrterm bullish on btc.
Im personally not longing this but it could be reasonable with close stoploss.
Im going short at 22800-24000 to 14k with stoploss above 25k.
DYOR!
ps.: Crypto is a bubble, be careful.
Btc is currently trading above a local support and i think its somewhat likely that we will see a resistance retest before crashing to 10-14k.
its seems we are currently trading in a local rounding bottom (white curve) altho thats not for sure yet.
As long as the green support holds im shorrterm bullish on btc.
Im personally not longing this but it could be reasonable with close stoploss.
Im going short at 22800-24000 to 14k with stoploss above 25k.
DYOR!
ps.: Crypto is a bubble, be careful.
Comment:
if the red zone doesnt hold i think we may see 29k~
Comment:
well the FTX fraud nuked the markets...previous supp should now act as resistance so, shorting green zone should be worthy trade setup.