TradingView
AlanSantana
May 24, 2020 11:34 PM

Bitcoin | Next Short-term Target Mapped Short

Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

Description

Here we are looking XBTUSD (Bitcoin) short-term.

The next target is marked on the chart as fib. levels.

Feel free to leave a comment for questions.

Namaste.

Comment

🏆 ADAM20 (+141%)


🏆 EOSM20 (+43%)


🏆 LTCM20 (+61%)


🏆 BCHM20 (+68%)
Comments
sidhabdn
Thanks Master
AlanSantana
@sidhabdn, My pleasure.
DineroGrande
Bitcoin $6400 Coming Next Couple of Weeks
AlanSantana
@DineroGrande, High probable.
Cryptonite_trader
I like the bearish scenario. Thanks for your informed charts

ahp64
@alanmasters thank you alan , what i like about your analysis they are logical , straight and accurate
im thinking long at around 8500 do you think it goes lower if it reaches 8500
AlanSantana
@ahp64, This is an important level so it can bounce here... But bounce or not is a wait and see event.

With the tendency now being bearish, we focus on the shorts and only when support is confirmed or a strong reversal/bounce signal is given we go for the longs.

Namaste.
ahp64
@alanmasters, thanks a lot for your guidance i do appreciate your wisdom and insight
Asanato
Nice analysis! Check mine

More