DrLydia

SHORT Is $BTCUSD looking to retest $8,000?

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BITSTAMP:BTCUSD   比特幣
Hello Sophisticated Trader,

Last few weeks $BTCUSD showed an indication of testing 10,000 level, which it did for a moment. However, this week the pair is looking to break the trend line. A break and hold here would indicate a possible retest of the $8,000 level or lower. It's also possible that the reemergence of the coronavirus potentially will have an impact on BTCUSD . This indicates that while below the trend line this pair should be sold.


Remember to buy on support and sell on resistance.
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Dr . Lydia Smith
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