JinFlark

BTCUSD, short to 3802 after accumulation in chanel 3902 - 4000.

Short
JinFlark Updated   
BITFINEX:BTCUSD   Bitcoin
BTCUSD, short to 3802 after accumulation in chanel 3902 - 4000. Levels by x-lines indicator. Volume analysis by x-volume.
Comment:
Why we think it will be short? Just look at x-volume indicator when price strong down to 3850 and then go up. X-volume show big accumultion in this down candle but it show much more closing with likewise accumulation in next few candle. So we wait real sell to 3802.
Comment:
Price take TP for buyers 4039.1 and now will reverse down to our bears TP: 3802.

Related Ideas

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.