On 27 September I recommended a buy trade for Bitcoin saying that the cryptocurrency could rise and test 28500 resistance.
This target was reached on Monday and BtcUsd started to drop again.
Although I had a short-term buy trade, my bearish medium-term outlook has not altered and after this new test of resistance I think Btc will roll back down to support
At this moment we have Bitcoin just above confluence support and a rebound could follow.
However, I will use this rebound for a short trade against the recent high.
My target is 25k support
This target was reached on Monday and BtcUsd started to drop again.
Although I had a short-term buy trade, my bearish medium-term outlook has not altered and after this new test of resistance I think Btc will roll back down to support
At this moment we have Bitcoin just above confluence support and a rebound could follow.
However, I will use this rebound for a short trade against the recent high.
My target is 25k support
🚀 Elevate your trades with a 20-year market veteran!
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
🌟 Premium Contact:
t.me/IacobMihai
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
🌟 Premium Contact:
t.me/IacobMihai