Right now BTC is stalling on the 50ma. I dont expect it to hold long. Likely we will see continuation of the downward movement to the next support level.
Note
Been margin trading the sideways market today. Looking for a short if this level/ma does not hold.Trade active
SHORT @ 9000Trade closed manually
SHORT CLOSED @ 8999Trade active
LONG @ 8999Note
Changed my view because of the 50 ma holding and the futures openingDisclaimer
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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.