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NinjaTradingServices
Feb 20, 2021 6:16 PM

BITCOIN RETRACEMENT THIS WEEKEND Short

BTCUSDT SPOTBybit

Description

Price should start to retrace lower from here for the next few days.

Comment

Retracement starting, target 52k.

Comment

Target reached, could drop a little lower but now we should begin to create a horizontal triangle breakout long for the final bull run. Stay tuned and I will update when the next entry is.
Comments
btcdigital
so you dont think it will pass 60k?
NinjaTradingServices
@btcdigital, Later but not right now. it should drop to around 52k before continuing higher. I'm net long but still waiting for a weekly double top because that is when the major retracement will start. Long term long, short term bear :)
btcdigital
@NinjaTradingServices, do u suggest to short btc at 55k and then buy btc at 52k?
NinjaTradingServices
@btcdigital, Ye, time to buy again now. Just missed my order at 52.5k, still waiting for it to be triggered.
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