bubbleisthere

bitcoin bear scenario , maybe a possibility............

Short
bubbleisthere Updated   
POLONIEX:BTCUSDT   Bitcoin / Tether USD
pa 1,2,3 are showing same trends formation , is a good prob. to end up at these three blue lines .......
Right now volume is shit , no good activities happening can end up in retracing to 7400 or below range easily
Trade active:
can go down easily to rsi less then 30 wait for it , before taking any entry positions
Comment:
2 cases comes for rsi less then 30:
1. will reach 7800-7600
2. will reach less than 7000 upto 6700(may not breach to new low w.r.t feb low or march)......
Comment:
I think the correction is done .............
Comment:
IT will be at this range for 2-3 days , maybe or will shoot up start accumulating btc and alt-coins

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.