Sive-Morten

Minor upside bounce today

BITFINEX:BTCUSD   비트코인
Greetings,

It seems our bet on collapse yesterday was correct and BTC indeed has reached lower border of the triangle.

This action has completed AB=CD leg and gives us 1H "222" Buy pattern. Still, we are not exciting on it too much.

Recent collapse was fast and we treat this "222" just as background for minor pullback. Most probable is just 3/8 retracement to ~6600$ area, but not higher than 5/8 level @ 6650$

After that we expect that downside action will continue and treat today's bounce as a chance to go short. Our longer-term view stands intact and it's bearish.

면책사항

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