Hello everyone, because of my telegram channel I have totally forgotten to post something here as well.
I am still in SHORT position from $4020 on XBTH19.
Talking about BTC, it has stopped in the strong zone of support and , in the mean time, at 0.786 of Fibo retracement.
During the last dump there was a large volume of sells, but still, I don't think that this is it....
The next level for me is $3800 and then comes $3750, from which I expect a retracement, and will open LONG.
To sum up, I think it is necessary to wait for the next BTC move, 'cause there is also a possibility of bullish signals to occur at this levels, i.e. at least to strong bullish candles with long "tails", that will tell us that the price has felt the level/or another variant is accumulation in that zone with future break of resistance.
OK, that's all I can say for now, if you want to receive updates many times a day and gain a lot of profit, I recommend you to join my channel and start earning right away!
I am still in SHORT position from $4020 on XBTH19.
Talking about BTC, it has stopped in the strong zone of support and , in the mean time, at 0.786 of Fibo retracement.
During the last dump there was a large volume of sells, but still, I don't think that this is it....
The next level for me is $3800 and then comes $3750, from which I expect a retracement, and will open LONG.
To sum up, I think it is necessary to wait for the next BTC move, 'cause there is also a possibility of bullish signals to occur at this levels, i.e. at least to strong bullish candles with long "tails", that will tell us that the price has felt the level/or another variant is accumulation in that zone with future break of resistance.
OK, that's all I can say for now, if you want to receive updates many times a day and gain a lot of profit, I recommend you to join my channel and start earning right away!
Comment:
Potential HS forming on 5min TF. Of course it is far not enough, but pay attention.