Dagmar_Nieft

A narrow tunnel for squeesing the crowd's wallets

Short
BITFINEX:BTCUSD   Bitcoin
Happy fishy Thursday, Dear Swingers!

Sometimes your tolerance to market complexity might turn out to be awarded a week or a month later. With the 2nd high upon the channel exit the price has formed the brilliant with a false upwards break and it is lowering within an acceleration channel where there are: a) a very strong resistance @23300 and b) a very strong support @22700. The would be break of the latter will open the road to 20700 with the final channel exit to be followed. As for the possible perspective above the "tunnel" - so far the 2 corresponding brave attempts have ended in failure.

Yours,
ICBF Swinger Dagmar
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.