As you can see, BTC's previous fall from $63k level, we can see some similar pattern. First a huge dump, then forming of some symmetrical triangles, then a false recovery, then going more down.
We can see the same thing is happening. Maybe it is a short term bearish movement but it is a bearish movement. Market has lost it's momentum. Market cap is down. RSI & MACD is showing a bearish pattern. Bitcoin may retest the R1 and R2 resistance level soon but if it don't, If the price pump to 50.0% and 61.8% level then we can see the bullish momentum again.
I am taking risk. I am shorting.
Shorting at, $46300 level
Take profit: $43800
Stop loss: $47000
Levarage: 5x
We can see the same thing is happening. Maybe it is a short term bearish movement but it is a bearish movement. Market has lost it's momentum. Market cap is down. RSI & MACD is showing a bearish pattern. Bitcoin may retest the R1 and R2 resistance level soon but if it don't, If the price pump to 50.0% and 61.8% level then we can see the bullish momentum again.
I am taking risk. I am shorting.
Shorting at, $46300 level
Take profit: $43800
Stop loss: $47000
Levarage: 5x
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.
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.