BTCUSD Medium Term Short
Due to BTC that keeps breaking the resistance barriers I believe that it has yet to reach its major deviation resistance barrier which might lie between $3850 - $ 4000. We see in August a possible Elliott 5 wave forming which could lead to a major regression in middle to late August to the areas of $3400 - $3600. Thus I would advise traders to put in medium term shorts in:
Target Short: $3800 - $4000
Target Take Profit 1: $3600 - $3700
Target Take Profit 2: $3400 - $ 3600
Optimal Take Profit should be $3500 to $ 3650
Stop Loss: $4150
Target Short: $3800 - $4000
Target Take Profit 1: $3600 - $3700
Target Take Profit 2: $3400 - $ 3600
Optimal Take Profit should be $3500 to $ 3650
Stop Loss: $4150
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.