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UnknownUnicorn6047038
Feb 25, 2020 4:23 PM

#BITCOIN - Strong Resistance Short

Bitcoin / DollarBitfinex

Description

Hello guys, please support this work with the LIKE

we completed two targets after price got in the sell zone. Now price retraced from support of descending channel, but we have the mid line to be strong resistance, if we get confirmed rejection from there we can take short position. If price breaks the support of descending channel we can take short position too.

Please follow the Trading View profile to support my work

Do not trade this idea before you make your own analysis!
Comments
Mmdtabrizi
it is the end or can down to 8200 ??? :|
TheAnonymousBanker
@MmD_tt,
UnknownUnicorn6047038
@MmD_tt, thank you for commenting)
UnknownUnicorn6047038
@MmD_tt, let's see if 9000 lost. better not hurry
PerSe01
Good idea.

in the daily time frame, I noticed today that a strong support was broken. How much do you think I can get down for bitcoin, $8500 maybe?
UnknownUnicorn6047038
@PerSe01, thank you for good words)
UnknownUnicorn6047038
@PerSe01, I would not target 8500 untill 9000 lost)
profcoin
thank you
UnknownUnicorn6047038
@profcoin, you're welcome)
UnknownUnicorn6047038
@profcoin, thank you for supporting)
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