Option for a large short

31 Mar 2022

According to the analysis of the chart before us:
1. Bitcoin has reached an old support line that may be used today as a resistance line.
2. We are below average 200 days and may withdraw from it.
Of course at the moment the general direction is on the rise, but this option should not be ignored.
In any case, the one who enters the short of the first target is in area 35, the second target in area 30, and stops above 50/52

1 Nis 2022

Not

Note that the same in Ethereum with the support and resistance line and with an average of 200 days

6 Nis 2022

Not

Now it seems to be starting to move in the direction, there was a false break of a triangle heading up and now it is falling down, of course there is still a support line in the 40000 area that needs to be taken into account.