TradingView
EminenceGrise
May 12, 2020 8:55 AM

BTCUSDT: Beginning of the second bottom? Short

Bitcoin / TetherUSBinance

Description

Good afternoon, dear traders! False penetration of the projection of the maternal channel ended in a strong drop in price. This is the first evidence that Bitcoin would be good to go to the second bottom. I do not think that it will be as strong as the first, but you need to go to the $ 7500-7600 area. It is possible there will be a drawdown of prices up to $ 6000-6500. Perhaps there will begin a real uptrend. Time will tell...

Locally go in a wide lateral range. More inclined to a downward movement in the region of $ 8300-8400.

If you like my ideas please hit the like button. I'll be very happy.
Thanks for your support. Have a good day and may the profit be with you!
Comments
bestfarbit74
BarryZoon
Agreed!
trytofeelpositive
hi bro,great work
but locally i think we will rise,let's see
Rasoolazar
When will happen do you think???
EminenceGrise
@Rasoolazar, This can happen at any time. Strong will be a correction or not time will tell. But in the region of $ 7600-7700 you need to go.
CryptoCheck-
This Is The Day ALT Season Will Start - Short Video
CryptoCheck-
perfect idea
More