Fx_Advisor

Bitcoin still not out of the wood yet!

Short
COINBASE:BTCUSD   Bitcoin
We broke the neckline @ 9650 completing a double top. We only managed 9070 close to the downtrend channel base. Since then we recovered testing the 50% retracement of the (10200/9070) down move and the last lower high (11050/11150). We would need to break this pivot (11050/11150) to gather momentum otherwise we will target 10025/10100 again first support followed by the 9070/9300 target.


Follow our plan to grow successfully a small retail trading account | www.fxadvisor.eu
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.