wisemanofc

-btc 'short'

Short
wisemanofc Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
Enter your short trades as BTC is obviously creating a bearish trend with the head and shoulders pattern with the ema 50 breaking the 200 ema.

support lvl1: 18400$
lvl2: 14750$

Please feel free to contact me with any questions.
Comment:
The volatility of BTC has been extremely low for a few weeks now. Even to such low levels, which have only occurred three times in recorded history.

The first time this happened was a few days prior to the final sell-off of 2018, which caused BTC's price to drop by 50% and ultimately resulted in the bear market's final bottom.

The second time this occurred, in the summer of 2020, a 35% bull rise marked the beginning of the most recent crypto bull-market.

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.