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SWINGPROFESSOR
Apr 29, 2020 8:30 AM

Short term down side BTC!? Short

Bitcoin / U.S. dollarBitstamp

Description

Hi Guys,

As we see on this 12 H chart BTCUSD might be facing heavy resistance. 200 MA on the daily and 200 MA on the 12 H. In addition it might be forming a rising wedge as well.

I expect a short term rejection as the oscilators are also getting tired.


Let us see...

Happy and safe trading! Dont forget about proper risk management!
Always place stop-loss and don't forget to take profits!




*This is not financial advice, this is only an idea. Do your own research and act on your responsibility.
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