BitcoinShort
Bitcoin extra update chart, worth showing :)
I have shown this similar price action in my other analysis. This is just a zoom in of that.
This the yellow area from the primary chart, 13 March. We had the same failed H&S, than the drop to 6780 (this chart from 9400 to 9100) where we made that flag. We probably completed the drop, so we could be going sideways for half a day now, so we should be in the green area now.
Ideally price stays below the 6900 with a max of 7100!!. So according to this picture we should be going for another drop to break the 6400.
It's all just based on this, not exact science and 100% reliable.
I have closed my short position which i opened at 6800. Expecting to see a sideways day. Price should stay below the 7000, if so i will build up a short position from the 6900 to 7000 with a stop around 7120.
For more info, look up my other analysis here below
This the yellow area from the primary chart, 13 March. We had the same failed H&S, than the drop to 6780 (this chart from 9400 to 9100) where we made that flag. We probably completed the drop, so we could be going sideways for half a day now, so we should be in the green area now.
Ideally price stays below the 6900 with a max of 7100!!. So according to this picture we should be going for another drop to break the 6400.
It's all just based on this, not exact science and 100% reliable.
I have closed my short position which i opened at 6800. Expecting to see a sideways day. Price should stay below the 7000, if so i will build up a short position from the 6900 to 7000 with a stop around 7120.
For more info, look up my other analysis here below
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Wyłączenie odpowiedzialności
Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.