#BTC/USDT Bearish Retest in Play. Possible Bottom $13,800.
Updated
Bitcoin's crucial range here is 17.7k to 18.3k.
Short-term relief across the market IS SEEN but I see no reason to long here, in fact, it's a bearish retest.
The short-term trend is to the downside.
What should be the course of action:-
IMHO, Wait, for now, Unless the dust settles it's not over yet.
If you missed this bounce do not FOMO.
I bought a good chunk around 16k and will buy with more cash around lower levels.
$11,600-12,877
$13,800-15,400
Close above $18478 invalidation!
Technically this is a Bearish Retest.
DYOR, This is not financial advice.
I will post the Long Term Analysis after this weekly close on how we can trade the upcoming PA and this FTX show. Also, what would be the possible target for the next Halving?
Follow me if you haven't yet.
#Crypto
Short-term relief across the market IS SEEN but I see no reason to long here, in fact, it's a bearish retest.
The short-term trend is to the downside.
What should be the course of action:-
IMHO, Wait, for now, Unless the dust settles it's not over yet.
If you missed this bounce do not FOMO.
I bought a good chunk around 16k and will buy with more cash around lower levels.
$11,600-12,877
$13,800-15,400
Close above $18478 invalidation!
Technically this is a Bearish Retest.
DYOR, This is not financial advice.
I will post the Long Term Analysis after this weekly close on how we can trade the upcoming PA and this FTX show. Also, what would be the possible target for the next Halving?
Follow me if you haven't yet.
#Crypto
Trade active
#Bitcoin:- This is what I am looking at.
This move will give us a double bottom in the lower time frame. The weekly close is near. Keep an eye.
Free Telegram Daily Futures signals:- telegram.me/thecryptorphic
Signup & get Upto $15000 USDT bonus & Trade with me in our Premium Discord for free:-
bit.ly/15000USDTBonus
Join My ELITE CLUB:- bit.ly/Join_elite
Signup & get Upto $15000 USDT bonus & Trade with me in our Premium Discord for free:-
bit.ly/15000USDTBonus
Join My ELITE CLUB:- bit.ly/Join_elite
Related publications
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.