BTCUSD Analysis and SHORT trade
With reference to my previous 
BTCUSD analysis linked to below, I initially stated that if price breaks below the 6000 price-point, we could see BTCUSD fall to 5250-5000. On the daily chart, the previous day's candle is a reversal pattern and the price level being resisted is in confluence with the 50% Fibonacci retracement level.
You can SHORT BTCUSD now @6254 or wait until in pierces 6000.
Watch the video linked to below for a deeper understanding of this analysis/outlook.
BTCUSD analysis linked to below, I initially stated that if price breaks below the 6000 price-point, we could see BTCUSD fall to 5250-5000. On the daily chart, the previous day's candle is a reversal pattern and the price level being resisted is in confluence with the 50% Fibonacci retracement level.You can SHORT BTCUSD now @6254 or wait until in pierces 6000.
Watch the video linked to below for a deeper understanding of this analysis/outlook.
Note
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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.
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.