I am staying flat on Bitcoin for now as i do not see a decent short nor a decent long setup.
What i am waiting for is an aggressive spike lower taking out those stops and go back up from that point. it has to be fast if we spike down and stay there we will go lower.
If it spikes down and we have a good reaction i expect bitcoin to go up to the red line ive drawn as a minimum. Alert is set at the lows
What i am waiting for is an aggressive spike lower taking out those stops and go back up from that point. it has to be fast if we spike down and stay there we will go lower.
If it spikes down and we have a good reaction i expect bitcoin to go up to the red line ive drawn as a minimum. Alert is set at the lows
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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.