#BTC
Bitcoin shorts are relevant. The recent breakdown of resistance looks like a bull trap. On a 1-day scale, the market is still ready to decline. Be careful with the violas: the recent bullrun looks short, there are no strong signals for further growth at the moment.
Bitcoin shorts are relevant. The recent breakdown of resistance looks like a bull trap. On a 1-day scale, the market is still ready to decline. Be careful with the violas: the recent bullrun looks short, there are no strong signals for further growth at the moment.
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#BTC
Excellent worked shorts from August 30. Globally, we are still in a bearish phase, but the resulting impulsive dump in such a short time indicates the possibility of a rebound, or at least slowing down. It is very likely that in the near future we will be greeted by support at the bottom of the template (about 6000-5900). We monitor the market, it is dangerous to open any positions, we must wait for the consolidation to finish with a further decline (which will allow us to start opening long transactions from lower levels) or with further growth to the resistance of the top, where the shorts will again be relevant. Be cautious, at this stage, distribute the investments to the possible reduction to the lowest psychological levels, the market is still subject to various speculative manipulations.
Excellent worked shorts from August 30. Globally, we are still in a bearish phase, but the resulting impulsive dump in such a short time indicates the possibility of a rebound, or at least slowing down. It is very likely that in the near future we will be greeted by support at the bottom of the template (about 6000-5900). We monitor the market, it is dangerous to open any positions, we must wait for the consolidation to finish with a further decline (which will allow us to start opening long transactions from lower levels) or with further growth to the resistance of the top, where the shorts will again be relevant. Be cautious, at this stage, distribute the investments to the possible reduction to the lowest psychological levels, the market is still subject to various speculative manipulations.
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#BTC
We continue to follow the fall scenario, the area 6000-5900 is still a magnet for the market (for now, we adhere to such a strategy). At the moment we are watching the market, we expect more obvious signs for a reversal or further decline.
We continue to follow the fall scenario, the area 6000-5900 is still a magnet for the market (for now, we adhere to such a strategy). At the moment we are watching the market, we expect more obvious signs for a reversal or further decline.