Maxim_Lushnikov

BTC | Fall or not?

Short
BITSTAMP:BTCUSD   Bitcoin
👋Hello Traders!

Yesterday (09/07/2021) we had a cryptocurrency stream (ru.tradingview.com/streams/5GGCCqrJRO/), where I analyzed BTC for this trading week. BTC has achieved all of its goals today.

📈BTCUSD passed the level of $50,560 and due to the D1 divergence (09/07/2021) rushed down and reached the two closest levels of $47,500 and $43,500. We expect BTC will continue falling to the $38,500 level.

I recommend selling from the level $46.00, potential profit + 15.00% and SL ~$52,000.

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DISCLAIMER:
This idea is not a trade recommendation, it has an informational purpose. The trader independently analyzes and decides whether to use this information.

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