SHORT IF IT CLOSES BELOW THE BLUE LINE WITH RED LINES AS THE TARGETS.
Though i was not so bullish about the pair but i am willing to take my chances as per the current setup. Trendline in white is from the beginning period of 2018 when the pair started to see a bullish move. this trend line was duly respected during the correction in May and again i expect the pair to see some bullish momentum from the current levels. Will use...
BLUE ZONE WOULD BE PREFERRED AREA TO OPEN A LONG.
Please do your own research before investing.
Some relief rally for bears to tap more liquidity before they further continue with their slaughter. Do like and share the setup if you agree with it.
BTC is in clear down trend but before it dips any further bears need some fresh blood. Expect a squeeze to $6800/$7000+ levels at the best. Higher levels have been marked for my own personal reference.
targets are in green. I am not yet bullish about this pair but this small long scalp should playout.
Please correlate with the chart.
Well let Alexa take the rest while you i try to find the answer. This is not an investment advice.
KINDLY CORRELATE WITH THE CHART THIS IS NOT AN INVESTMENT ADVICE
IF THIS WORKS OUT THEN IT WILL BE A GREAT BUYING OPPORTUNITY
Short till first support and then trade as per the reaction on the support. Correlate with chart
Strong trendline with a bullish uptrend on all the frames.
To early to say but its clearly in downtrend with first major support around $63 For now we can expect a relief rally to zone marked in green but unless oil does not breaks the area marked in as strong resistance it is clearly heading to test lower levels.