If we don't rally to 6k for another bull trap this is a great target to close positions and short. Ride a stop loss on your alts when we get to here because can possibly take profit or just unload your bags to buy back cheaper when and if bitcoin then makes new lows!'
I used the tusd chart to inverse bitcoin on low time frames. It helps clarify target. Picture in comments.
I used the tusd chart to inverse bitcoin on low time frames. It helps clarify target. Picture in comments.
Note
Count was invalidated. The inverse chart still looks fine. Same dead count bounce targets. Updated count in comments
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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.
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.