BTCUSD very short
BTC below 9000 within the next two days.
This chart is very bearish. I can find no upward trend and I see three downtrending sets of slopes. So this is a very good point to short BTC. Within 2 days we could reach the median line of the pitchfork or the bottom of the downtrending channel.
I would change my opinion if we could stay above 12000 for two hours.
A breach of 8000 would be devastating with absolutely no support beneath
This chart is very bearish. I can find no upward trend and I see three downtrending sets of slopes. So this is a very good point to short BTC. Within 2 days we could reach the median line of the pitchfork or the bottom of the downtrending channel.
I would change my opinion if we could stay above 12000 for two hours.
A breach of 8000 would be devastating with absolutely no support beneath
Nota
We have now been above 12000 for 2 hours. This is significant.There are 4 descending parallel lines above. It shot through the second highest one.
I will look for resistance at the edge of the pitchfork. If price retraces back to the second highest line then this is a great place to get long, with a small stop loss.
So I will look for a long about 11500. If we reject strongly from the upper parallel of the pitchfork then I will not enter any trade.
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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.