From my last analysis, I realized that price is making lower highs (LH) & lower lows (LL) which means that instead of buying Long.... I'll go short.
I opened a little short position to see how price would react.... After some hours, price broke down to $41,7K before moving back up to where its now $43K.
BTC may see a short term boost to $44K, but it won't be going up any further, so I'll take my SHORT (sell) from when it gets to 44K.
ST: $45,1K
Target: $41K
Pls care to leave a comment to lemme know what you think.
_Labiano50
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**Pls take this analysis for what it is bcos its only intended for educational purposes. Bcos I'm still learning how to chart & far from a pro trader.
I opened a little short position to see how price would react.... After some hours, price broke down to $41,7K before moving back up to where its now $43K.
BTC may see a short term boost to $44K, but it won't be going up any further, so I'll take my SHORT (sell) from when it gets to 44K.
ST: $45,1K
Target: $41K
Pls care to leave a comment to lemme know what you think.
_Labiano50
-----------------------------------------------------------
**Pls take this analysis for what it is bcos its only intended for educational purposes. Bcos I'm still learning how to chart & far from a pro trader.