BTC SHORT
Target 1 reached.
35k seems to be of significance, price could see a rally off here but nothing too dramatic. I haven’t seen any signs of a reversal yet.
I’m macro bullish but that doesn’t mean I can’t short the correction and buy back at a lower price.
Looking at the charts, next week could get very interesting, one more sharp decline in price could put a lot of fear into the market.
Price has been moving sideways for the better part of this month, that increases the possibility of price movements in a specific direction next month.
Which direction might that be?
As I’ve been stating for quite a while now, I’m on the short side on an intraday basis.
I’ll try and give a higher timeframe breakdown, this should give more details on how I formulated my idea.
I am Golb.
35k seems to be of significance, price could see a rally off here but nothing too dramatic. I haven’t seen any signs of a reversal yet.
I’m macro bullish but that doesn’t mean I can’t short the correction and buy back at a lower price.
Looking at the charts, next week could get very interesting, one more sharp decline in price could put a lot of fear into the market.
Price has been moving sideways for the better part of this month, that increases the possibility of price movements in a specific direction next month.
Which direction might that be?
As I’ve been stating for quite a while now, I’m on the short side on an intraday basis.
I’ll try and give a higher timeframe breakdown, this should give more details on how I formulated my idea.
I am Golb.
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.