Olajireolapoju

BTC IS STILL BEARISH FROM A TECHNICAL PERSPECTIVE

Short
COINBASE:BTCUSD   Bitcoin
Dear Traders,

I see BTC going down the more but I am personally going to be very conservative with my sell entries as I still se a lot of imbalance in the market on the daily.
Possible evening Star Candle pattern on Daily Time Frame. Any closure below $18,945 would be the final confirmation for me that BTC will go down to between 13k and 14k in the first instance and we might see 10k soon.

However, I still see the possibility of a retest of of between $25,000 to $29,000 zone as described by my chart.

I need to see a closure below $18,945 to confirm a bearish continuation to 13k-14 zone.

However, I feel BTC is set for another close to 5k PIPs with the candlestick pattern I am seeing on the daily.

Trade carefully and apply proper risk management

FINSPOT ACADEMY
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