traderprosignals

BTCUSD POTENTIAL SHORT/SELL MAJOR DROP INCOMING! AGAIN!

Short
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COINBASE:BTCUSD   Bitcoin
TICKER CODE: BTCUSD
Company Name: NA
Industry: Blockchain/Crypto

Position Proposed: SELL

Technical Analysis
1. Large Pennant/Falling Wedge Pattern
2. Pennant / Falling Wedge Completed and now near completion of Breakout Retracement
3. Fibonacci Retracement at 0.618 (Golden Zone)
4. Fibonacci Expansion Safe Take Profit Level 1 (Grey Zone) Also the length of Flagpole
5. RSI would reach OVERSOLD level

Entry: 58000-60900
1st Take Profit: 41200

Expected Take Profit in May/June 2021

A LARGER FIBONACCI placed to retrace at 41200 is added in that would be considered a good buy position to consider at the Fibonacci 0.618 (Golden Zone) Also on KEY STRUCTURE!

If you look at my linked chart which I did share to sell BTCUSD at it's ATH..
Trade fermée: cible de profit atteinte
Clause de non-responsabilité

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