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orangehaw
Jul 12, 2020 10:25 AM

BTC looking short on weekly if we can't break above trend line Short

Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

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BTC looking short on weekly if we can't break above trend line

But we could see a LONG before going SHORT again. Watch the 'White' trend line for break above. Keep an eye on ~11000 and ~8000 for now

So in long/mid-term I would say we look SHORT, but on a short-term we look a bit BULL. That is looking at Weekly.
This could of course change if we see a strong break above trend line and making us stronger BULL.

Best regards
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