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Behzad_trade_signals
Jun 11, 2020 1:40 PM

THE GREEN SEASON IS ENDING... Short

Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

Description

As you look on the weekly chart, there some reasons for shorting BITCOIN.

Decreasing volume
Rejecting from the the trend line
Showing weakness for upward movement
1 month challenging with fibo 0.382

MIDTERM TARGET: 7130$

As it seems the green season is near to it's end, unless it can close a daily candle above 10400$.
Comments
resoltani86
Great analysis...
Behzad_trade_signals
@resoltani86, Thanks for your support.
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