BITCOIN: Bad week for the bulls

in LeoFinance4 years ago

After ranging for a couple of days between 9100 and 9200 USD levels, finally BITCOIN has broken the first support leading for lower levels.

Currently is testing the 9000 support level with a sustained increase on volume. I am maintaining my short till entering in the range between 8800 and 8600 USD.

Let's see if that range can hold BITCOIN in the coming hours as it did last time.


@toofasteddie


*Disclaimer: This is just my personal point of view, please, do your own assessment and act consequently. Neither this post nor myself is responsible of any of your profit/losses obtained as a result of this information.

Posted Using LeoFinance

Sort:  

Upvoted by the @hodlcommunity.

Great post and clear trading plan :D

RSI looks good...

Still margin to break the oversold condition

Shared:

Posted Using LeoFinance

Congratulations @toofasteddie! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s) :

<table><tr><td><img src="https://images.hive.blog/60x60/http://hivebuzz.me/badges/postallweek.png" /><td>You are a buzzy bee and published a post every day of the week <p dir="auto"><sub><em>You can view <a href="https://https//hivebuzz.me/@toofasteddie" target="_blank" rel="noreferrer noopener" title="This link will take you away from hive.blog" class="external_link">your badges on your board And compare to others on the <a href="https://hivebuzz.me/ranking" target="_blank" rel="noreferrer noopener" title="This link will take you away from hive.blog" class="external_link">Ranking<br /> <sub><em>If you no longer want to receive notifications, reply to this comment with the word <code>STOP <p dir="auto">To support your work, I also upvoted your post! <h6>Support the HiveBuzz project. <a href="https://hivesigner.com/sign/update_proposal_votes?proposal_ids=%5B%22109%22%5D&approve=true" target="_blank" rel="noreferrer noopener" title="This link will take you away from hive.blog" class="external_link">Vote for our proposal!

Let's see what happens to BTC in the next few weeks.