BITCOIN SHORT
It looks like we may see something like that. I don`t plan to enter yet, but if goes near the fib .382(38.2%) and retest near the fib .236(23.6%) I may try a short for a risk/reward of 1.3 to 1.6, moving my stop loss to .236 after break .382 Fib. I will aim for that.
Also, you can see two green lines, both are Trend lines, if stay in the green line below may go back to bullish, and if sky-rocks upwards breaking the green trend line above we may see great upward momentum.
So if you decide to use this strategy remember to use a Stop-loss. You should decide yourself what to do with your money. It`s risky AF
Also, you can see two green lines, both are Trend lines, if stay in the green line below may go back to bullish, and if sky-rocks upwards breaking the green trend line above we may see great upward momentum.
So if you decide to use this strategy remember to use a Stop-loss. You should decide yourself what to do with your money. It`s risky AF
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.