Finnovin

BTC consolidation confirmed !

Short
Finnovin Updated   
KUCOIN:BTCUSDT   Bitcoin / Tether
every detail is on the chart. the only viable behavior is the one depicted on the chart. any other pump or dump is out of prediction.
note that in many altcoins, we are in a Fibonacci support area, so be careful with short positions before breaking those spots. however totally the market is bearish and you should give more credit to your short positions.

the first spot for great support is 19K to 20K. use less short positions as you get closer to this area.
please feel free to leave comments and questions below.
Trade closed: target reached:
how fast we entered the green box.
I'll publish next idea tomorrow. stay tuned
Comment:
see how slope of the drop is decreasing. starting gradually to show some tiny oscillaytions, they will get bigger and price will struggle to leave the fibonacci area
Comment:
Comment:
some oscillations started. in this trendless zone of bitcoin, you can find positions in altcoins.
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.