CryptoArts

BTC back to the Trend line

Viés de baixa
BITFINEX:BTCUSD   Bitcoin
The previous wicks is a good area to look at so that we can have an idea what is going on. Bears are active within that region, so I used the trend line as a reference for me to execute a sell position. This short will be invalid if we see a candle closure above 8200-8300. So in the mean while I will be patient and watch price action closely. My first target would be 7600 area the highlighted region and 7200 area for the second one. Good luck and have a great weekend.
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.