elionu

Another drop

Short
elionu Updated   
BITFINEX:BTCUSD   Bitcoin
The Slow MM are pressuring the price.
There will be a drop in the next hours very likely to 6000 area.

There we will see what happen.
Comment:
still chance to go down

Comment:
hit 0.76 level let's see what happen now.
generally from this level if the market start to retrace is not good sign.

Comment:
bitcoin is waking up good

7800 important resistance

Comment:
will brake up 7800 -8000 target

Comment:
i jumped but come back in the triangle not good thing now i think will drop 7050.

I closed the long and went short stop at 7700

Comment:
Comment:
Comment:
I put short 8600 there is a good resistance.

We can go there and drop down (bull trap).

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.