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CryptocurrencyWizard
Jun 27, 2019 2:29 PM

BTC POSSIBLE PULLBACK 

Bitcoin / United States DollarCoinbase

Description

Hey Traders,

As I mentioned in my previous post this level that we are now is very significant. There is plenty of confluences - fibo clusters + weekly resistance + RSI bearish divergence. Although we have got some overshot yesterday now it looks like a possible bearish OB is just about to be printed - still few hours left to close the bar. Moreover look at the yesterdays volume - it is extremely high. Big boys are in the game!

You can either short it once we get that bearish OB confirmation tonight or wait for a pullback to at least 10K- consider long if there is a bullish price action + high volume.

Good luck guys!


TRADE WHAT YOU SEE NOT WHAT YOU THINK!

Comment

Double top neck retest and short would apply here. My area of interest is 12300-ish
Let's see how they play this one out!

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