Freedom_CN

Although it may rebound, we are waiting to short

Short
BITSTAMP:BTCUSD   Bitcoin
The weekly AO top deviated, and the daily line fell below the effective lower fractal and multiple support positions. However, the 4h AO generated a green bar without deviation, usually starting with a certain level of 4-wave correction rebound and 5th wave decline, which will be completed on Saturday and Sunday. So there may be a correction rebound next week, but it's best to give up this opportunity and wait for the correction to complete and take advantage of the trend to short. In the future, Bitcoin may fall by 30% to reach a supportive position.
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.