BTC: Short Idea (Alt Season Imminent?) - Aug 21, 2020
BTC can be seeing a correction if this gravestone DOJI comes into play. This can be a possible opportunity for bears to take over the situation and drive price down to our major fib level at around $9,800, which lines almost perfectly with our previous CME gap that we mentioned at $9,700 USD.
We would like to make sure everyone know that a retrace to sub 10K levels would be actually a very healthy thing as it would fill the void for BTC's notorious CME gap, and also give a chance to retest support before the next big swing up to new highs.
Trade Safe.
We would like to make sure everyone know that a retrace to sub 10K levels would be actually a very healthy thing as it would fill the void for BTC's notorious CME gap, and also give a chance to retest support before the next big swing up to new highs.
Trade Safe.
🌎 Telegram | t.me/xforceglobal
📢 Twitter | twitter.com/XForceGlobal
🎥 YouTube | youtube.com/c/XForceGlobal
📢 Twitter | twitter.com/XForceGlobal
🎥 YouTube | youtube.com/c/XForceGlobal
Related publications
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.