BitcoinShort
Bitcoin price prediction (BEARISH)
Based on Elliot wave theory, we have made a failed 4th wave up by re-entering wave 1. We can also see some bearish divergence on the 4 hr and a bearish flag on the 1 day. Next resistance is 6350 if we do on the offside remain bullish. Stops were hit on my last short locking in some profit. interested in laddering into another short at these levels and riding them down to retest 6k. stops set at 2.5% loss until we dip further.
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.