Just my idea, no advise.
BItcoin has made a nice rally in the weekend, this most of the times not a good sign for the short term bulls.
Now it's again under the weekly resistance around 57.500.
I'm going to try to short if it goes up to the weekly.
The profit points are the high volumes nodes from the fixed range.
The last take profit will be on the weekly @ 45.200
If it goes up the weekly 57500 and closes above, i'll take my loss and will go long for a new ATH.
i'm still new on hormonic patterns and time fibs, so the next study will be on those area's.
BItcoin has made a nice rally in the weekend, this most of the times not a good sign for the short term bulls.
Now it's again under the weekly resistance around 57.500.
I'm going to try to short if it goes up to the weekly.
The profit points are the high volumes nodes from the fixed range.
The last take profit will be on the weekly @ 45.200
If it goes up the weekly 57500 and closes above, i'll take my loss and will go long for a new ATH.
i'm still new on hormonic patterns and time fibs, so the next study will be on those area's.
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