TradingView
Chartleader
Jun 6, 2019 10:12 AM

Now BTC is in correction time 

Bitcoin / DollarBitfinex

Description

Now BTC is in correction time
In long term perspective, BTC is still in the bullish pattern, but now it is in correction time between 7000-8000.
All indicators show the bearish divergence after May 30.
Market needs correction now whether it will retest the 8000 resistance line or not.
Now we need to see what happens next.
The 7000 line can be good chance for entry if it will be supported.

If you have any comments for my idea, please give me your thought or like. Thank you.

Comments
DACapitalTrading
Great Setup following you now :) , I have a short position running on BTCUSD right now what do you think?
More