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ForexTrendline
Jan 11, 2022 11:21 AM

Break and re-test on BTC - Analysis progress Short

Bitcoin / United States DollarCoinbase

Description

This is our BTC analysis from last week



This idea is still valid and we're expecting a continuation down to 35 650!

We saw a breakout and price is now testing the 42 333 level. We are waiting for the next downside move.
It's definitely possible to see some moves higher, but the main direction is downwards and it's still early for long-term buys!
Comments
JimZboy
Invalidated now?
AlkalineFX
Nice post mate!
KlejdiCuni
Possible movement. I am watching both bullish and bearish scenarios because of the price area where BTC is right now.
Investroy
Looks reasonable! Good luck
jojofang0901
good outlook for near future thx
Lingrid
good view!)
EliteTradingSignals
Do you look at the bank's levels?
ForexTrendline
@EliteTradingSignals, I make them lol
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