We repeated May but what's next, how low will we go?
I expect it to either follow the trend down to the red support line or bounce a little earlier from the purple support line
It'll probably bounce as fast as last time so be prepared and watch for bulltraps
XBTUSD
I expect it to either follow the trend down to the red support line or bounce a little earlier from the purple support line
It'll probably bounce as fast as last time so be prepared and watch for bulltraps
Note
Sentiment may have changed more bullish trough this news.. keep longs ready and choose entry with carebitcoinist.com/mt-gox-creditors-bitcoins-next-summer/
bloomberg.com/news/articles/2018-08-03/nyse-owner-announces-bitcoin-venture-with-starbucks-microsoft
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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.