If you shorted at my earlier trade idea at 680, now would be a time to take some profits (there are signals that the selloff is starting to accelerate into a capitulation). However I do expect the price to fall further, breaking the white support line to test the long term green support line.
Commentaire:
Expecting intra day retracement to ~630 level before continuing downfall
Trade fermée: cible de profit atteinte:
I recommend closing shorts here. I do expect the price to fall briefly sub 500 from the selling pressure in Bitcoin which I still maintain a short view on.
