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DylanTirto
Aug 9, 2019 4:09 AM

BTC trading in a descending channel Short

Bitcoin / U.S. dollarBitstamp

Description

Could be this, could be that

Monthly and weekly chart are bullish, but the bottom channel needs to be hit to complete the 3rd dive for it in order to bounce up

MA20 on weekly chart is at ~USD8000 which would be a nice rebound or buy order I think.

Cryptos and Fibonacci, they go pretty well together.

Let me know your opinions!

I'm not shorting tho.

Comments
DylanTirto
Buy order at $8000 still active. Hoping it gets hit within the next week !
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