Hello everyone,
While I know a lot of you were hoping that BTC gave momentum back to the Bulls in my assessment this is just wave 4 of the downtrend to 6k to form our double bottom before we finally see the market give way to the Bulls.
So in this scenario, It would be great idea to put a short in at around 8600 - 8650. Hopefully we go back and test these levels 1 last time before the drop.
Comment on your thoughts!
Happy Trading Everyone!!!
While I know a lot of you were hoping that BTC gave momentum back to the Bulls in my assessment this is just wave 4 of the downtrend to 6k to form our double bottom before we finally see the market give way to the Bulls.
So in this scenario, It would be great idea to put a short in at around 8600 - 8650. Hopefully we go back and test these levels 1 last time before the drop.
Comment on your thoughts!
Happy Trading Everyone!!!