Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
Bearish market structure and concave arc on the daily
BTCUSD Perpetual Contract
Short
Bearish market structure and concave arc on the daily
By FangTrades
Follow
Follow
May 5, 2021
5
May 5, 2021
I don't think the bull market is over but imo 60-62k is still a good place to hedge in case we see a larger drawdown.
Ideally BTC keeps ranging so alts keep pumping, then BTC breaks out sometime this summer (white)
Chart Patterns
Supply and Demand
Trend Lines
FangTrades
Follow
Also on:
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
.