Bitcoin / TetherUSShort
expecting a bearish ranging market for bitcoin
Hello traders I am expecting a bearish ranging market for bitcoin before the "explosion" (to be verified) has to test a minor resistance zone before breaking below the trendline retest and the a drop down to the fibo 61.8 ,which is also a long term support area, where I would be expecting the next bullish impulse leg.
remember to always read the market while its aproaching these areas in order to apply the correct strategy which may be not this one.
feel free for comments below
thank you.
remember to always read the market while its aproaching these areas in order to apply the correct strategy which may be not this one.
feel free for comments below
thank you.
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.