PrimedGroup

BTCUSD weekend short [16.1.21]

Short
BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
I foresee a potential bearish play on BTCUSD today and tomorrow perhaps.

On the 1H chart we have plenty of reasons to be going short, and many of them are listed in the chart. Resistance levels, fib retracement, RSI and even price action which is creating lower highs.

While on the 2m chart we could be building a Head and Shoulders pattern.

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Comment: breakout of the trendline support is now valid.
Trade closed manually: Closed this one out. Getting bull indications now.
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Comments

Nice one. Do you think we will see sub 30k over the next couple of weeks or 30k+ a rebound back up to 40k+?
+1 Reply
@reiiss7, I thik we might just see another bull push before the correction takes place. I say that based on this
Reply
great
+1 Reply
PrimedGroup importantCode12562
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