BitcoinShort
Down?
There are 2 entries to try. One is right now around 5575 and the other is around 5750. It may or may not go back up for a better entry.
Why? go short when everyone is long? We have crossed resistance and we can see bears starting push the price down again. This is the 3rd attempt and so far, 5000 has proven to be a support bulls are unwilling to give up. So it's going to be my target as well as the next long trade I'd look for.
Why? go short when everyone is long? We have crossed resistance and we can see bears starting push the price down again. This is the 3rd attempt and so far, 5000 has proven to be a support bulls are unwilling to give up. So it's going to be my target as well as the next long trade I'd look for.
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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.