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BTC IS STILL BEARISH FROM A TECHNICAL PERSPECTIVE

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COINBASE:BTCUSD   Bitcoin
Dear Traders,

I see BTC going down the more but I am personally going to be very conservative with my sell entries as I still se a lot of imbalance in the market on the daily.
Possible evening Star Candle pattern on Daily Time Frame. Any closure below $18,945 would be the final confirmation for me that BTC will go down to between 13k and 14k in the first instance and we might see 10k soon.

However, I still see the possibility of a retest of of between $25,000 to $29,000 zone as described by my chart.

I need to see a closure below $18,945 to confirm a bearish continuation to 13k-14 zone.

However, I feel BTC is set for another close to 5k PIPs with the candlestick pattern I am seeing on the daily.

Trade carefully and apply proper risk management

FINSPOT ACADEMY
Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.