I AM VERY CAUTIOUS AT THE MOMENT FOR BITCOIN!!!
Updated
Greetings all,
Several minutes ago we FAILED TO create new HIGHER HIGH.
Price get rejected on 36k instant of to surpass 36700.
This automatically means LOWER HIGH and is the first signal
that may soon we will see changing of trend again in SHORT TERM.
To confirm changing of trend in SHORT TERM we need to see
Bitcoin below 33800.
33800 is the Area I am expecting to RETEST in the upcoming 48 hours.
Losing 33800 NEXT stop is 32000 - 32300.
Breaking below 32000 we can see retest of the last LOW at 28700.
Reloading from 33800 through a possible CUP AND HANDLE pattern,
it will gives the possibility to bulls, to keep the UPTREND from 28700,
ALIVE!
GL
Several minutes ago we FAILED TO create new HIGHER HIGH.
Price get rejected on 36k instant of to surpass 36700.
This automatically means LOWER HIGH and is the first signal
that may soon we will see changing of trend again in SHORT TERM.
To confirm changing of trend in SHORT TERM we need to see
Bitcoin below 33800.
33800 is the Area I am expecting to RETEST in the upcoming 48 hours.
Losing 33800 NEXT stop is 32000 - 32300.
Breaking below 32000 we can see retest of the last LOW at 28700.
Reloading from 33800 through a possible CUP AND HANDLE pattern,
it will gives the possibility to bulls, to keep the UPTREND from 28700,
ALIVE!
GL
Trade closed: target reached
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