BitcoinShort
$Bitcoin | Bearish Idea
If 64.5k does not get displaced over, this high may act as a macro inducement high before we more higher. The move down would conclude a third touchpoint on a trend line you can see below. The 3rd or 4th time testing a trend line, it normally breaks and purges sell-side liquidity before reversing back up to leave everyone offside.
I hope to see turbo upside by the morning, if not, this is plan b.
I hope to see turbo upside by the morning, if not, this is plan b.
Note
This idea played out nicely (:
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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.