exceLqa

Bitcoin "Dead cat" bounce

Short
exceLqa Updated   
BITFINEX:BTCUSD   Bitcoin
As i mentioned in my previous idea, looks like bitcoin hold 30k threshold. Now in my opinion market will go to the last attempt to new highs, and fails somewhere around 0.618 fibo.
So I expect market to bounce up to 50k+, then fail attempt and finally lose buying power, and this will be meant prolonged bearish market in cryptocurrencies
Trade active:
Price entered decision area. I will slowly increasing my position with stop-loss ~57310
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.