Forwarded from Scalps AltSignals Bitmex VIP
https://www.tradingview.com/x/YuzWCsFA/
BTC #Update #Analysis #BitMEX #Short :
After the breakout of the support horizontal
We can say that we are on the bearish side.
We see the standart TA pattern of continuation of downtrend.
Price consolidated in a bearish wedge and started going down from 61.8 Fibonacci level 0.16% .
Retracement, brokeout wedge support by strong impulse.
Waiting for continuation of descending movement.
Targets - 5850 - 5700 - 5200.
Don't forget the stop loss 🚨
BTC #Update #Analysis #BitMEX #Short :
After the breakout of the support horizontal
We can say that we are on the bearish side.
We see the standart TA pattern of continuation of downtrend.
Price consolidated in a bearish wedge and started going down from 61.8 Fibonacci level 0.16% .
Retracement, brokeout wedge support by strong impulse.
Waiting for continuation of descending movement.
Targets - 5850 - 5700 - 5200.
Don't forget the stop loss 🚨