hardforky

Expecting double bottom on BTC

Short
COINBASE:BTCUSD   Bitcoin
Well, looking at the weekly and daily I'm not convinced we are going up just yet.

Trend analysis on the CMF and MFI suggest that we are in a period of accumulation.

lh / Likelihood - Expecting a push up to set shorts close to around 9k in next 24 hours. I'll take partial profits here + stops on remainder then play the trend. Bulls will go check support an put in a double bottom to cement trend reversal.

1% chance of $0, 1% chance of £100k in 2020 ;)

Best, Hard Forky

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.