BTCUSDSHORTS @ ATH: reason for a (temporary) trend reversal?!
BTCUSDSHORTS as Leading Price Indicator.
SCOPE OF ANALYSIS:
- BTCUSDSHORTS (bottom)
- BTCUSD (Pricelevel)
Expected:
Temporary price reversal based on ATH BTCUSDSHORTS
BTCUSDSHORTS - BTCUSD prices behaves mostly in the opposite direction.
Keep in mind an ATH of BTCUSDSHORTS doesn't mean BTCUSD bottom!
Although a short term price reversal is likely, my 1-3 month outlook remains bearish.
Tump-up if you agree!
Best,
Bavo
SCOPE OF ANALYSIS:
- BTCUSDSHORTS (bottom)
- BTCUSD (Pricelevel)
Expected:
Temporary price reversal based on ATH BTCUSDSHORTS
BTCUSDSHORTS - BTCUSD prices behaves mostly in the opposite direction.
Keep in mind an ATH of BTCUSDSHORTS doesn't mean BTCUSD bottom!
Although a short term price reversal is likely, my 1-3 month outlook remains bearish.
Tump-up if you agree!
Best,
Bavo
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