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ProSignalsFx
Jul 28, 2021 10:13 PM

✅BITCOIN MASSIVE RESISTANCE|SHORT🔥 Short

Bitcoin / U.S. dollarBitstamp

Description


🏛BITCOIN has bounced from the support below
And is headed right into the massive resistance level
I doubt the coin has the strength to break the level
At least not with the first attempt
Thus, I am expecting a pullback from the level
With the good chance that the price will fall back to the support
SHORT🔥

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Comments
derevo
Should be scary to go short from here with BTC, lets see...
Helical_Trades
Excellent Set-up 🏹
elm099jfw
However isn't this the 2nd attempt?
BrianM20
elm099jfw
@BrianM20, Agreed.
Mayfair_Ventures
Great post! Retail still getting laughed at ;-)
AdrianZen
If I had to guess. First it will rise up to 43k to wipe out the shorts. Then it will drop back to 36k to wipe out longs. What do you think?
Anmax
@briziodavid10, Stupid scammer
SheepDogAZ
An easy, less risky play could be to go 5% short and pick up some alt coin spending money on the way down. That way if it does randomly pump to 43k to stir up FOMO before a retest, you can ride that short position back to the eventual 36-40k retest or only be squeezed out of 1-2% if you put a stop loss on it while 95% of your portfolio rides the FOMO wave up. Its a win win either way. It is very very tricky to day trade when the Composite Man (Wyckoff model) transitions from accumulation to distribution (phase d).
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