thomas58700

Bart Eyeing Bitcoin Heading to 11400

Short
thomas58700 Updated   
BITFINEX:BTCUSD   Bitcoin
We've got an unimpressed bart pattern. He's eyeing our current price sandwiched between the two violet S&R bars; we'll likely be sticking around this area for a bit then heading down to test 11400 (noting the low volume). Currently shorting from 11775 after closing long from 11680.

Alternative route indicated above the upper resistance is indicated by the smaller arrows.
Comment:
Upper resistance needs to be shifted up some to 11815
Trade active:
Here we go
Trade closed manually:
If you were following along with longs we're at a good spot! This chart is now non-applicable
Comment:
It took its sweet time
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.