CryptoWallace

XBT - BTCUSD turning bearish, -4 hours from day close

BITMEX:XBTUSD.P   Bitcoin


At the moment (UTC19:50ish) the market is fighting over the color of the day close. If it's a doji, better be green.

18500 was crossed and tested during the day, with no success.
Otherwise, chances are a double top is forming. Waiting for confirmation: the crossing of the neckline. If so, I might short all the way down to 16.5k, secured by stops at every attention level.

If the day closes green, we might continue with the uptrend in the triangle.

However, retracement might be healthy in order to keep the rally fueled and avoid a harder crash later on.

Long still open, but ready to reduce position and take profit at the next 18.5K test.
면책사항

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