Short Term Bitcoin Short
Updated
I expect the upper trendline to act as resistance.
Bitcoin is oversold on 4H timeframe.
IMO, we will see a retrace to the lower support trendline and push up from there.
If this trade is successful, I will leave some on the table, just in case my doomsday scenario will materialize.
Bitcoin is oversold on 4H timeframe.
IMO, we will see a retrace to the lower support trendline and push up from there.
If this trade is successful, I will leave some on the table, just in case my doomsday scenario will materialize.
Trade active
Order cancelled
Happy to be wrong on this one. First because my major position was a long. Second, because the trade in and of itself was justified. Best wishes
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