BTC/USD Short Position at 11,7k$ Multi year Support & Res

1 ส.ค. 2020

Bitcoin has topped out at 11,7k$ from the multi-year Support and Resistance

If bitcoin can handle this daily candle close above 11,7k$.
We might see the new resistance at around 13-14k$ (Watch out these level too)

Bitcoin Still bullish unless drop below 6k$ we might see couple months of bear season. This is the corrections of Elliot-Wave from Wave 3 to Wave 4 before massive bullrun and making a new ATH levels.

*DISCLAIMER ON

1 ส.ค. 2020

บันทึก

$ 8,500 Will be the Take profit area.

Consider to make it higher because there will be Huge Demand in psychology levels.

1 ส.ค. 2020

บันทึก

$ 9,500 (TYPO)

2 ส.ค. 2020

บันทึก

Hit the first dump at 0.236 Fibonacci Level.

From 11,7$ to 10,8$ = 7,69% with no leverage.

5 ก.ย. 2020

บันทึก

The lowest so far from the positions is 9875.

Patience is the key