BITCOIN FAILURE
From the earlier post bitcoin was predicted to reach the resistance of it's new trend before shorting all the way down back to 18k but this wasn't much of a success cause it first failed to break the 0.5 Fibonacci level even after testing it twice and has come crashing down and will increase in it's bearish momentum over the weekend.
Taking a short trade now can come with a little risk and and is best adviced to wait for a bullish entry at 18k
If you took a shorting trade at 20,500... Enjoy the ride.
Taking a short trade now can come with a little risk and and is best adviced to wait for a bullish entry at 18k
If you took a shorting trade at 20,500... Enjoy the ride.
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.