Bitcoin short-term view - bearish move
BTC lost all last gains within few hours - many supports now resistance again.
Sideways action likely since we are oversold - but further down pressure to $37.300 possible.
Bullish scenario would be a V-shape pattern with new volume support building on current price area.
What do you think?
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing
BTC lost all last gains within few hours - many supports now resistance again.
Sideways action likely since we are oversold - but further down pressure to $37.300 possible.
Bullish scenario would be a V-shape pattern with new volume support building on current price area.
What do you think?
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing
The shown ideas are my personal opinion and findings... no financial advice
Please always do your own research before investing
Please always do your own research before investing
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.
The shown ideas are my personal opinion and findings... no financial advice
Please always do your own research before investing
Please always do your own research before investing
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.