BTC short is playing out profitably as expected. I expect the price to find support around ~7000.
Note
Unfortunately, prices did not go as low as I expected it would today before the rebound. My indicator did generate a buy signal at the 7200 low. I do believe we will revisit 7000s, but if this rebound continues, good PT is 9000.Trade active
Hit 9000, revisiting 7000s. Target 7550.
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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.