Good morning traders,
The last time bitfinex shorts we're this high was late June 2019.
We're currently sitting just above support $30,000 and have seen a shooting start on the BTCUSD SHORTS chart which may indicate a messy weekend and support lost.
Support levels below:
1) $28,888
2) $23,888
3) $19,999
4) $14,000
5) $12,500
6) $10,500
7) $9650
Not saying we hit all support levels but you should keep them in the back of your mind in case we see an extended bear market and head down to the $20,000's and $10,000's.
The last time bitfinex shorts we're this high was late June 2019.
We're currently sitting just above support $30,000 and have seen a shooting start on the BTCUSD SHORTS chart which may indicate a messy weekend and support lost.
Support levels below:
1) $28,888
2) $23,888
3) $19,999
4) $14,000
5) $12,500
6) $10,500
7) $9650
Not saying we hit all support levels but you should keep them in the back of your mind in case we see an extended bear market and head down to the $20,000's and $10,000's.
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.