TheAnonymousBanker

[BITCOIN] WEEKLY ANALYSIS

Short
COINBASE:BTCUSD   Bitcoin
Good morning guys!
After having published our daily analysis last week, today we will look at weekly charts. With this in mind, weekly and daily charts are not very different, if we look at the technical levels, we can see some similarities.
Having taken a short position around 13.200 (look at setup chart below), now we have to manage the position and look for some reversal patterns on minor time frames that could make our setup fail.
That being said, our view has not changed at the moment and most likely this week will be crucial for the pair.

DAILY ANALYSIS
(click on chart below)

OUR BEARISH SETUP
(click on chart below)

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Cheers.
Comment:
Trade closed: target reached:
TARGET 1 HIT!
Trade closed: target reached:
TARGET 2 HIT!

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By Anonymous Banker
A TradingView Fan since 2015
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