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Bitcoin
Short
Aug 30, 2020
Bears might still be a life
2
Grab this chart
Grab this chart
Old daily ascending support acting as resistance, just watch out a bid with longing..
Short term I still think we have to dip below 11k
I’ll change bullish when they get a daily close above ascending line again..
Low volume rise isn’t the best for bulls in my opinion, it would have been better to consolidate more then just puttting a small new leg up.
Now overleverage longs can cause btc to drop hard when big sell volume comes in
Short term targets still
11100
10800
10500
9700
If break above and close above on daily. I’ll swap to look for longs, for now I’ll keep shorting this orange ascending line.
TommieV
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TommieV
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