MonkeyPhone

May have been a stop run BTC

COINBASE:BTCUSD   Bitcoin
The run up over the past hour knocked out stops using parabolic sars. May have been a stop run on people shorting bitcoin. If so, expect further downside over the next 8-12 hours. Waiting on candle to close for confirmation.

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.