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CryptoEstratega

BITCOIN: Small short on the consolidation

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Bitcoin / TetherUS (BINANCE:BTCUSDT)  
CryptoEstratega  
BINANCE:BTCUSDT   Bitcoin / TetherUS
Trend Analysis Chart Patterns Bitcoin (Cryptocurrency) bitcoinforecast bitcoinprice bitcoinusd bitcointrading bitcoindollar bitcoinanalysis
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trendanalysis chartpattern bitcoin bitcoinforecast bitcoinprice bitcoinusd bitcointrading bitcoindollar bitcoinanalysis
BTCUSDT has been on a downtrend on the daily for a while now.
We broke down below the 50 MA on the daily wich means a very likely bear market.

Now we have pushed from the lows of 29K with a strong bounce off support, this area of support has been heavily battered with multiple touches since the drop from the ATH's

I believe this might prove to be a false breakout and we could continue the downtrend further.

Based on this I'm opening this short.
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.