Bitcoin Short
After catching the 450%+ move to the downside, Bitcoin has now retraced and im looking to take a short from the 61.8 or the 78.6.
Price could come up to the 50 EMA on the hourly, but i want to see how price interacts with the 61.8.
If price is rejecting i will short, if not I will wait for price to retrace higher before pulling the trigger.
Price could come up to the 50 EMA on the hourly, but i want to see how price interacts with the 61.8.
If price is rejecting i will short, if not I will wait for price to retrace higher before pulling the trigger.
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