Short Term Bears?
#BTC is in no mans land at the moment. However, smaller time frames are giving me opportunities with low risk. Overall, Bears will take BTC down but no major confluences such as momentum, reversal structures and divergence have been confirmed. 0.618% could possibly push bitcoin one leg up before the inevitable decline.
Shorts for now, with possible longs thereafter on smaller time frames before we rally down, severly.
Shorts for now, with possible longs thereafter on smaller time frames before we rally down, severly.
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.