BTCUSD in // Channels since 03/12 crash.
Said on 03/08 => if MACD cross or near to, big probabily of reversed trend, if volume > 7K too
support broke at 9565
=> went down to support & channel baseline
Now moving between Fib 0.236 / 0.382
big propablity of retest down to
8,107.03 14 Day RSI at 50%
maybe
7,988.06 38.2% Retracement From 13 Week High
IMHO short with tight stops
Hope everyone had stop losses if long
NB: Smart people never bet more than they can afford to lose.
=====================
Trade at your own risk
This is just an idea about the current situation,
it's NOT a trade advise .
Said on 03/08 => if MACD cross or near to, big probabily of reversed trend, if volume > 7K too
support broke at 9565
=> went down to support & channel baseline
Now moving between Fib 0.236 / 0.382
big propablity of retest down to
8,107.03 14 Day RSI at 50%
maybe
7,988.06 38.2% Retracement From 13 Week High
IMHO short with tight stops
Hope everyone had stop losses if long
NB: Smart people never bet more than they can afford to lose.
=====================
Trade at your own risk
This is just an idea about the current situation,
it's NOT a trade advise .