Bitcoin was able to find a new level of support at 5.800 from which it headed back above the level of 6.100.
At the moment, our technical indicators give a signal to sell.
So far, we have no global reasons for strengthening of the price.
We expect that the price will test again the mark of 5.800 and therefore, we recommend taking short positions.
At the moment, our technical indicators give a signal to sell.
So far, we have no global reasons for strengthening of the price.
We expect that the price will test again the mark of 5.800 and therefore, we recommend taking short positions.
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.
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.