FernanEspejo

Bitcoin Shorting - wait for the support break confirmation

Short
BITSTAMP:BTCUSD   Bitcoin
Bitcoin on the 30 minute chart is showing bullish signs however the consensus still seems to be bearish, so I would be cautious to FOMO enter now.

I drew up some supports and resistances on the chart, to show a good level to short (which is right below the support level 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.