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EclecticDread
Jun 24, 2020 7:25 AM

Bitcoin Descending Channel Opportunity Short

Bitcoin / TetherUSBinance

Description

Expecting a move up to tap liquidity at the top of the range to test the descending channel boundary, then i think we are going to see a healthy pull back. If entry presents itself then I will be targeting the 0.618 region.
Comments
saeedps
It will break 10000 next week
EclecticDread
@saeedps, think so am looking to enter short between 10300 - 10700 if an opertunity presents. Only if it finds support above the descending channel Upper boundary will I start looking for longs or when it falls back to the bottom of the channel 👍
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