Bitcoin - short term scenario
Updated
This will be a short analysis. Most of my thought processes are already shown on the chart. (If you prefer analysis this way, leave a like and comment below)
The long term buy between $6800 - $7300 is still in profits however there really needs to be a good consolidation and low volatility happening in order for me to call it's a bottom. In the short term, I think the more likely scenario is a retest of the $7050 level.
I am not trading this short term scenario as you all are aware I am preparing myself for the next bull run. I am providing this analysis for people who is willing to learn, and for those who are a scalper.
Anything you don't understand? Feel welcome to ask me below.
Taiwan Bear
The long term buy between $6800 - $7300 is still in profits however there really needs to be a good consolidation and low volatility happening in order for me to call it's a bottom. In the short term, I think the more likely scenario is a retest of the $7050 level.
I am not trading this short term scenario as you all are aware I am preparing myself for the next bull run. I am providing this analysis for people who is willing to learn, and for those who are a scalper.
Anything you don't understand? Feel welcome to ask me below.
Taiwan Bear
Note
Couldn't update the post on TradingView's mobile app. Anyhow, if you are in my group, you should have secured some profits (if you are shorting).
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