BTC Resistance Test
Cập nhật
BTC managed to bounce after falling well below the 
59K area, but it failed on a retest of a previous low. It's retesting another previous low now and I expect it to fail again. First target is still the demand below as shown in my last BTC idea.
59K area, but it failed on a retest of a previous low. It's retesting another previous low now and I expect it to fail again. First target is still the demand below as shown in my last BTC idea.Bình luận
BTC broke above that resistance after a small rejection. Currently rejecting the next area of resistance I have around $8,456. I still expect demand to hit at some point, but if it can reclaim the 59K-61k area I'd be a lot more cautious with shorts. All eyes should be on 59.3k IMO.
Short Thesis:
advancedplays.com/short-thesis.pdf
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky, most traders lose money!
advancedplays.com/short-thesis.pdf
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky, most traders lose money!
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