Yuriy_Bishko

BTCUSD, A short term pullback is possible!

Short
COINBASE:BTCUSD   Bitcoin / U.S. Dollar
As you can see at the D3 chart Bitcoin will continue to move up.
But before it will break the resistance level a short term pullback is possible.
This is not a recommendation to open a sell position, because I don't like positions opposite the trend.
$10500 is a psychological level also. If it will be broken a lot of bearish stop losses will increase rising.
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Before to trade my ideas make your own analysis.
Thanks for your support!
Comment:

Comments

It'll have to happen eventually.

+1 Reply
Yes, will we not first close CME Gap before we continue upward movement?
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Yuriy_Bishko Corenergy
@Corenergy, thanks for your comment!
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mccd72 Yuriy_Bishko
@Yuriy_Bishko, I gree with you!
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Cme gap 9650 ?
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what about the CME GAP at $9615 ?
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@Taproot, The GAPS are close usually, but it's not a 100% rule
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