Bitcoin (BTCUSD): It's Pullback Time
Previously, we anticipated a correction from $7200 to at least $6740: 
Notice just how accurately the price reversed from POC level on this chart @5684.
Now it's time for another pullback, the conditions are met. There are two resistance clusters: the first @8070-8090 and the second @8440. You choose where to short. I recommend to apply postion management tools, like moving stops to breakeven.
Notice just how accurately the price reversed from POC level on this chart @5684.
Now it's time for another pullback, the conditions are met. There are two resistance clusters: the first @8070-8090 and the second @8440. You choose where to short. I recommend to apply postion management tools, like moving stops to breakeven.
Note
The price is crawling towards the short level. I've adjusted it a bit to match the cluster of resistance @8440: Note
The chart has been updated: 
Comments are welcome
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Агент-аналитик: t.me/NixAgent
Сервис: NixService.net
Telegram: t.me/NixTrading
Сервис: NixService.net
Telegram: t.me/NixTrading
Related publications
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.