This is my opinion of today's situation on crypto markets.
descending triangle on the back of huge supply on a consistent basis on the weis wave..! Time to be careful, although not taking trade....
Reversal expected n BITFINEX:BTCUSD COINBASE:BTCUSD BITSTAMP:BTCUSD COINFLOOR:BTCUSD Reversal expected now Rationale 1.Potential reversal zone matches with lower margin of cloud 2.demand shortage started on weis wave 3.guts n blood
you can see my last post bitcion near to 11500$ and now going to bearish for small moment you can use stop loss 10200$ for safe zone if bitcoin not cross that support level so it will go to 12500$ next target if not then possible to go near 9500$ resis level
We need a coorection from 5400 to 8k to 9k if this happn after this in upcoming week we can see btc uptrend starting chances buy 5500 to 6500 under
Short BTCUSD below $11000 T1: 10750 T2: 10350 T3: 10000 T4: 9200 SL: 11350
Short bitcoin upon the neckline break, i.e, below $4260 T1: $4220 T2: $4195 T3: $4160 SL: $4287