Bear Market is over for now
On BTCUSD we had a correction and due to the fibo resistance line and the triangle the bottom of the correction is between 10000 and 9500.
If you have a open short position like me you can keep it for now till 9500.
If you want to go long and buy bitcoin fo a trend you have to wait a little! maybe a divergance on shorter timeframes or some signals that you use to open positions.
In general this is a uptrend on way for few mounth.
I'll be happy deeply and like to have your opinion on this view of market!!!
Leave a comment if you like! ;)
If you have a open short position like me you can keep it for now till 9500.
If you want to go long and buy bitcoin fo a trend you have to wait a little! maybe a divergance on shorter timeframes or some signals that you use to open positions.
In general this is a uptrend on way for few mounth.
I'll be happy deeply and like to have your opinion on this view of market!!!
Leave a comment if you like! ;)
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