Minitech24

Bearish Bat

Short
Minitech24 Updated   
BITMEX:XBTUSD.P   Bitcoin
Retrace may happen prematurely if orange trendline is broken and drops below point B
Comment:
bitcoin will fall from here. Setting target at +/- 3800
Comment:
trade is still in play, expecting one more leg down to reach 0.786 fibonacci, perhaps even 0.886
Comment:

Hidden bullish divergence on the 30min chart
Comment:
trailing stop triggered, didn‘t see a pump coming
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.