BTC - breakdown to 47.8k within 24h?
BTC is showing increased weakness on the rising channel and seems to have broken out of it.
Unless this is a fakeout and we bounce back into the channel and upwards, the price target from the measured move to the downside is 47.8k.
Good immediate short opportunity with SL set at 52k for a 1:2 risk reward ratio.
Safe trading everyone and hope you make some $$$
Unless this is a fakeout and we bounce back into the channel and upwards, the price target from the measured move to the downside is 47.8k.
Good immediate short opportunity with SL set at 52k for a 1:2 risk reward ratio.
Safe trading everyone and hope you make some $$$
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.