Bitcoin - Bearish Wyckoff Spring and Bear Flag
Telah dikemas kini
Contrary to my last two charts I'm changing my position from Long to Short. WE just broke out on very little volume - this stinks of a spring and the bear flag may play out - leading us to new lows.
I'm short here with a stop above the recent high as a hedge to the rest of my alt portfolio continuing to dip.
Like and comment if you appreciate the analysis - feedback is always welcomed.
I'm short here with a stop above the recent high as a hedge to the rest of my alt portfolio continuing to dip.
Like and comment if you appreciate the analysis - feedback is always welcomed.
Nota
We've seen another weak push up which is reflecting bear div on the RSI - short is still the play in my opinion.
Penafian
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