I am not a short term trader, but I do see an excellent shorting opportunity here for Bitcoin traders. Our previous support (upward sloping red trendline) has come back into play. What was once support will now act as resistance. And in this kind of uncertainty, right here ($2150) is an excellent opportunity for short term traders to sell Bitcoin! Target back down to the $1830-1840 level. Take half off halfway down.
Stewdamus Trades -
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Crypto predictions, targets, how-tos, and much, much more!
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Stewdamus Trades -
Prophesying the price action of markets one chart at a time.
Crypto predictions, targets, how-tos, and much, much more!
Never miss a prophecy. Sign up for my free newsletter at:
stewdam.us
Prophesying the price action of markets one chart at a time.
Crypto predictions, targets, how-tos, and much, much more!
Never miss a prophecy. Sign up for my free newsletter at:
stewdam.us
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.