Bearish correction for bitcoin
For any of you that are trading CFDs, We see sales for a short period of time, let's hope for a retracement in the fibonacci, which in turn fulfills the double ceiling that is marked at 100%, besides that, we have the price cornered in a pennant, and most likely look for a return to the 200 moving average, we look for a sale up to 61%, if youre trading in an exchange, look out for the next buy level at 61% or 50% of the retracement.
Happy profits, use risk management.
Happy profits, use risk management.
Mariel Lang
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.