MarketAlly

Bitcoin at a pivotal intersection

BITSTAMP:BTCUSD   Bitcoin
I am neutral as I wait to see if 443 holds but would not go short unless 400 confirms the breakdown. The Green channel is where I am watching with a greater than 65% probability a short squeeze occurs into 617 area in short order. If we get a quick rise, I would only look to add shorts at 710-720 area, looking for wicks. One could short the initial 617 price target but I would take profits in short order.

In either case, I am watching over the next couple days.

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.