Mihai_Iacob

Bitcoin- Pin Bar for down continuation

Viés de baixa
BITSTAMP:BTCUSD   Bitcoin
In my yesterday's analysis, I said that Btc CAN rise to the 40k zone, but traders should not get too excited and this, in fact, is just a correction.
The main crypto didn't even had the power to touch 40k and reversed strongly from 39k, leaving a nice pin bar on our daily chart.
This can be a clear signal that the correction is over and further losses can follow.
At this moment, 35k acts as support and a break here should accelerate losses to 30k figure.
In my opinion, rallies should be sold and as long as 40k resistance is intact my outlook remains bearish

🚀 Elevate your trades with a 20-year market veteran!

📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals

💎 Crypto Channel:
t.me/FanCryptocurrency

🌟 Premium Contact:
t.me/IacobMihai
Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.