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ererezer
Mar 15, 2020 10:37 PM

Double top on 5940. Now watch for 5300 support! Short

Bitcoin / Tether USDPoloniex

Description

If support on 5300 will hold strong for the next hour or so, at some point BTC will start to climb until we test the next point somewhere around 6200.

Comment

It was a tough fight, but BTC didn't hold 5300.
Looking forward for next support levels on around 5080, and 4950.

Comment

Edit for last update: Before these support levels there's a support level on around 5180.
Comments
bireratilla
definitely a fakeout
ererezer
@bireratilla, Thanks for sharing your opinion.
brycesaint
How can this market possibly go up now, more than just a brief relief rally? Traditions markets are tanking and the economic slowdown because of the effects of caronavirus are only increasing daily. I’m exiting everything I can and getting out of this market at hopefully break even
ererezer
@brycesaint, Thanks for sharing your opinion. I don't think making generalizations about all markets is a true vision oif things.
ererezer
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