TomProTrader

BTCUSD: Stalling At key Level Important Correction #Bitcoin

Kort
BITSTAMP:BTCUSD   Bitcoin
14
Traders

Afteran upmove into the demand level, the trend has stalled, and we stalled again giving us a double top at demand. We have multiple reversal candlestick patterns at the top of the range, showing us graphically where the bears were going to step in.

There is a Butterfly possibly in play, with the PRZ#1 and expiry some distance away, so we won't see them until the future, however, the bears might start putting pressure to the downside towards these levels. Will update in the future.

Best of luck
Tom

NOTE: MASSIVE discounts on my online tuition and signals packages today. Message me here on Trading view or email me with the email address on my profile page for details.

Thank you.
Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.