Hi Guys,
A quick follow-up to my video 2 days ago. Bitcoin has moved lower and I am now looking for a bearish retest of previous support, likely to be the 200SMA on the daily TF or previous supporting fibs/trendlines.
It's important to get full confirmation of a bearish retest and then look for short opportunities.
On a bearish retest, my target would be the 0.5 and 0.618 fib supporting levels, the 0.618 fib level also coincides with the measured move from the rising channel that Bitcoin has been trading in.
It's all in the video.
[PLEASE NOTE THIS IS MY OPINION AND NOT TRADING ADVICE]
A quick follow-up to my video 2 days ago. Bitcoin has moved lower and I am now looking for a bearish retest of previous support, likely to be the 200SMA on the daily TF or previous supporting fibs/trendlines.
It's important to get full confirmation of a bearish retest and then look for short opportunities.
On a bearish retest, my target would be the 0.5 and 0.618 fib supporting levels, the 0.618 fib level also coincides with the measured move from the rising channel that Bitcoin has been trading in.
It's all in the video.
[PLEASE NOTE THIS IS MY OPINION AND NOT TRADING ADVICE]
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BPOI - CRYPTO TRADING GROUP:
bpoicryptotrading.com
LATEST NEWS:
bpoicryptonews.com
FREE TELEGRAM NEWS CHANNEL:
t.me/bpoicryptotradingnews
bpoicryptotrading.com
LATEST NEWS:
bpoicryptonews.com
FREE TELEGRAM NEWS CHANNEL:
t.me/bpoicryptotradingnews
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。