BTC - Still Short until $7200
Updated
Hello Guys
It has been a while since my latest Bitcoin Analysis, but my decision to go short didn't change.
I think we are in a C Wave, which will bring us down to 7200 very likely.
In this C Wave we are forming a 1,2,3,4,5 Wave Pattern and right now we are in a Wave 2 correction, until Wave 3 will start with high volume.
I am forecasting a drop to 7200$ in the next Weeks and then it will be possible to stack up long positions to the next Target of Wave 3. (circa 17500$)
Short at: 9316$
Profit Targets: 7900$ -> 7200$
Stop-Loss: 9840$
It has been a while since my latest Bitcoin Analysis, but my decision to go short didn't change.
I think we are in a C Wave, which will bring us down to 7200 very likely.
In this C Wave we are forming a 1,2,3,4,5 Wave Pattern and right now we are in a Wave 2 correction, until Wave 3 will start with high volume.
I am forecasting a drop to 7200$ in the next Weeks and then it will be possible to stack up long positions to the next Target of Wave 3. (circa 17500$)
Short at: 9316$
Profit Targets: 7900$ -> 7200$
Stop-Loss: 9840$
Trade active
Still short since last Week @ 9316$
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