Augustus1st

BITCOIN : Beware of the close of daily candle

INDEX:BTCUSD   Bitcoin
Hey all,n

Since the annoucement from the Federal Reserve, yesterday, prices are dragged down by short sellers.

Beware of the close of this day's candle. If this is below 18,822$, there is a high probability of a more important retracement, with a first target at 17,619$.

Ichimoku shows us that the daily Tenkan is still acting as a resistance, still very bearish on this indicator.

Take care !

Cheers.

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.