BitcoinPanjang
BITCOIN - DEAD CAT BOUNCE - CRYPTOCURRENCY
After expension follows consolidation and a dead cat bounce :P
Bitcoin dumped pretty hart yesterday and consolidated today in a range. This means many trade positions entered the market which will addd fuel as soon price starts to choose a direction.
Based on that inefficient move yesterday I assume that bitcoin will bounce in the next 24-48 hours in order to take out late shorts. these shorts have to close their position if bitcoin bounces up which will add more buys.
(In order to close shorts u have to buy)
Bitcoin dumped pretty hart yesterday and consolidated today in a range. This means many trade positions entered the market which will addd fuel as soon price starts to choose a direction.
Based on that inefficient move yesterday I assume that bitcoin will bounce in the next 24-48 hours in order to take out late shorts. these shorts have to close their position if bitcoin bounces up which will add more buys.
(In order to close shorts u have to buy)
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.