BTC Simple Short Setup UPDATE
After a series of small time frame successes short, we are now at a key area for a much bigger move lower.
In a previous post, I wrote "bulls don't want to see this fail". Bitcoin (BTC) did fail and has now produced a
large bearish flag.
Forming this larger bear flag pattern may not only test its previous lows but also potentially result in
a further significant drop worth thousands of dollars. Unlike previous small time frame posts, this could take
time to play out.
It is better to be out of a trade wishing you were in rather than in a trade wishing you were out.
Caution is in order!
In a previous post, I wrote "bulls don't want to see this fail". Bitcoin (BTC) did fail and has now produced a
large bearish flag.
Forming this larger bear flag pattern may not only test its previous lows but also potentially result in
a further significant drop worth thousands of dollars. Unlike previous small time frame posts, this could take
time to play out.
It is better to be out of a trade wishing you were in rather than in a trade wishing you were out.
Caution is in order!
Uwaga
WeakeningUwaga
A lot of people were psyched out on the recent spike but Nothing has changed.Uwaga
As expected nothing has changed. In fact, BTC is now more bearish looking.
Real Macro Economic Investing
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Real Macro Economic Investing
patreon.com/Realmacro
patreon.com/Realmacro
Powiązane publikacje
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.