Sive-Morten

$6500-6525 area should be good for short entry

COINBASE:BTCUSD   비트코인
Greetings everybody,

Market shows very lazy price action, so it is very difficult to find some setup there. We think that BTC within few weeks will be driven by
doubts of investors. On a background of Tether, Bitfinex and Noble Bank events, lack of regulation and bit white spots in blockchain technology - investors, as new as experienced ones will try to re-assess BTC. It brings no interest, it doesn't protect from crisis events. It is an object of hackers attacks and no regulation opens the gate for dirty affairs of different kind. Is it really as attractive as it was seemed before?

Technically recent action definitely doesn't corresponds to idea of upside trend. After pullback BTC behaves too flat for bullish reversal. This makes us keep our bearish view intact. Speaking on short-term perspectives, we could get "'222" Sell pattern on Mon-Tue around major 3/8 resistance, which could become not bad area for short position taking.

면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.