BTCUSD Short
Given the violence of the latest crash, I don't believe that cryptos in general are really to trully move back up to ATH -0.59% . So I'll be looking for short signals on the 4hr timeframe. However based on many major buy signals on the daily timeframe , I believe that the bottom was hit. Therefore I'll manage my stops carefull in case price move back up abruptly.
That being said, I'm waiting for a the price to breakout the bottom trend line on the 4hr chart to go short. Then expect an head & should pattern to form.
That being said, I'm waiting for a the price to breakout the bottom trend line on the 4hr chart to go short. Then expect an head & should pattern to form.
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.