Master-of-Scalping

BTC - loud thinking

BITMEX:XBTUSD.P   Bitcoin
As I already told, I am not publishing any trade signals, before I optimise my money management strategy.

As I updated my status for a couple of hours, BTC decreased to 9250 level from the level of 9400, when I updated my status.

Here we see a strong support, also in the daily graph. BTC may be reaching somewhere between 9100-9200 but the bears need to be really strong to pass through this resistance without even a small correction. In anycase, I expect small correction. But the overall picture is - in the short term- bearish now.

We will see...
Comment:
it bounced back from the support line, as expected...
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.