Bitcoin is going down as expected.
For those who missed the short trade, there is an opportunity to enter again on a correction in area $7300.
I expect the price to bounce on the support at $6850, hit the area around $7300 and proceed with the downtrend towards $5500.
For those who missed the short trade, there is an opportunity to enter again on a correction in area $7300.
I expect the price to bounce on the support at $6850, hit the area around $7300 and proceed with the downtrend towards $5500.
Trade closed: target reached
Very well down, the price really had a correction before resuming the downtrend with a breakout of the $6850 level.The price already touched $6000, so we can be satisfied and wait for the next down-movement.
Find out more at itstradingtime.com/
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.
Find out more at itstradingtime.com/
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.