BTC AT THE GATES OF VALHALLA OR HEL
Updated
HAIL ODIN! Crypto Vikings it seems we are at the gates of a crucial time for BTC.
We have taken the decision to currently allocate 50% back to our position on Fiat and will wait for some expected continuation downward movement in the short term. It seems the momentum has not provided BTC enough force to push it through through resistance levels $8700.
-We should confirm very soon if BTC can sustain support level at $8250. This is Crucial! If it does not provide enough cover for support then we can expect easy: ($8100-$7780)
*Look closely to 4 hour chart clear MACD / RSI bearish conversion.
We have taken the decision to currently allocate 50% back to our position on Fiat and will wait for some expected continuation downward movement in the short term. It seems the momentum has not provided BTC enough force to push it through through resistance levels $8700.
-We should confirm very soon if BTC can sustain support level at $8250. This is Crucial! If it does not provide enough cover for support then we can expect easy: ($8100-$7780)
*Look closely to 4 hour chart clear MACD / RSI bearish conversion.
Trade active
VIKINGS!!! We continue bearish at the moment, we should see a small bounce but don't get caught I wouldn't trade this treacherous sea at the moment.
Most likely in the 7,700-7,600 USD target area is where we will drop soon.
Don't forget to fallow us and crush that like button.
Comment
Volume is low, Macd rsi showing bearish signs... either the bulls step it up or bears are going to slaughter them soon. We shall see what the gods decide.Skol!
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The Gods have spoken, BTC is not showing any strength whatsoever, this will not hold support breached and low volume.Comment
We would suggest taking a nice 30% profit at this levels. If we continue the downfall to our targets then we can still buy some more at discount price. Nothing bad with taking some nice profit off the table! Congrats to all who fallowed us.
Skol!
Trade closed: target reached
TARGET REACHED ! CONGRATS ON PROFITS.Comment
Enjoying our charts? Please crush the Like button and follow us vikings!
Skol
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NEW TARGET: $6900 Skol!
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Hail the Gods! We are getting closer to our target, patience is a virtue! Don't forget to crush the like button and fallow! Skol!
Comment
Let's see what Hel has in stored for BTC... SKOL!Trade closed: target reached
My dear Earls, I would suggest not being to greedy and taking some profit when being short at this current market behavior, treacherous it is, and our target is close as well, near target support level. SKOL!
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