Get started
Foralex

BTC/USD : Short opportunity on Multi Time Frame

Short
Bitcoin (COINBASE:BTCUSD)  
Foralex  
COINBASE:BTCUSD   Bitcoin
Trend Analysis Support and Resistance Fibonacci Forex Cryptocurrency BTCUSD ETHUSD short probability setup
14
4
trendanalysis supportandresistance fibonacci forex cryptocurrency btcusd ethusd short probability setup
** If you enjoy this idea please give us a like and a follow, we focus on High probability setup only**


Hi guys !

Based on a multi time frame technical analysis , we think that BTC /USD is currently short.

Confluence of :

- Double EMA cross on MTF.
- Double breakout and rejection of previous structure

Based on our algorithm, there is more chance that the price goes down then up.

The target is marked on the chart (fib extension -0.382)

Please, let us know what you think of this idea.

Thanks !

- Alex
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.