As you look on the weekly chart, there some reasons for shorting BITCOIN. Decreasing volume Rejecting from the the trend line Showing weakness for upward movement 1 month challenging with fibo 0.382 MIDTERM TARGET: 7130$ As it seems the green season is near to it's end, unless it can close a daily candle above 10400$.
MIDTERM VIEW As we see in the chart, Bitcoin has broken the top of descending channel after a year, so the priority of next weekly moves is upward! on smaller time frames we can see the rejection from FIB 0.618 which leads us to falling ideas. Any way Bitcoin is warming up for it's next ascending movement, if Bitcoin can fixes itself, upper from 9975$ level at...
As it is shown on the chart, BTC likes to have an ascending wave to 11300$. Safe target : 11175$ Don't lose it... @Bitcoin_altcoins_trade
HUGE ACCUMULATION FOR DUSK... @Bitcoin_altcoins_trade
STRONG BUY WALL REVERSAL TREND 550 SATOSHI IS A BIT STRONG RESISTANCE, IF IT BREAKS IT WE CAN ACHIEVE A NICE PROFIT. DONT FORGET TO USE STOPLOSS!!! @Bitcoin_altcoins_trade
Two times rejection from ~1900 in btc value. RDN is on his 3th try for breaking this resistance. if succeeds, so 49% percent profit is in your hands. Black dashed line is the resistance area, and purple one is a safer entry. Don't forget to use stoploss!!! @Bitcoin_altcoins_trade Behzad
VOLUME SPIKE LOOKS LIKES A REVERSAL... @Bitcoin_altcoins_trade
Two times rejection from ~2500 in btc value. MIOTA is on his 3th try for breaking this resistance. (0.382 fibo) if succeeds, so 26% percent profit is in your hands. Don't forget to use stoploss!!! @Bitcoin_altcoins_trade Behzad