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Look-2-the-Horizon
Jul 7, 2019 6:35 AM

Bitcoin Retrace then Short 1HR Short

Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

Description

Hi guys, My thoughts on Bitcoin or a possible scenario that could play out. I think she's in the middle of a somewhat symmetrical triangle. I think short term a retrace between the 38 and 61 before heading down is my strongest play. the 61 has strong resistance and it doesn't look ready for a break out.
Comments
Glawson25
Nice.... I dont think we will have to wait to long to find out what the next move is!
DACapitalTrading
Great work keep it up mate!
Look-2-the-Horizon
@DACapitalTrading, Thank you, will give it my best.
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