Bitcoin back to 8.6k range imminent?

Тема в разделе "English", создана пользователем Trading Ideas, 24 май 2020 в 05:03.

  1. Trading Ideas

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    Bitcoin back to 8.6k range imminent?
    Bitcoin / US Dollar Perpetual Inverse Swap Contract BITMEX:XBTUSD
    ThereAreNoWalls
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    Hi guys,

    possible scenario: this is starting to look like Wyckoff Distribution Schematic #2 where I think we are heading down south for another leg back to our previous support
    at around 8.6k range for Phase E, however the overall picture on the higher timeframes are still not that bearish ... definitely with the Stocks market (Nasdaq mainly) leading the pack and going up
    can't be too bearish on things overall, which is also valid for Bitcoin as some of that printed FED money surely has to go into Bitcoin as well
    but in the more short term timeframe, still expecting another leg down for now

    want to hear and follow more TA? join me daily on Youtube Live or Facebook Live @ 7.30 PM (UTC+8) @ The Dang Oracle

    Ciao bellas
    -Ryu
    #stayhome #staysafe #staycovidfree
     
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