Bitcoin

BTCUSD Medium Term Short

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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

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.