berkek

Another price action signal...

Corto
COINBASE:BTCUSD   Bitcoin
Being Long only in BTC, requires a lot of patience to make money. A high probability trade only could occur at the target support level on 3 Months basis in BTC for the moment. The both technical indicator and major support are in conjunction and recent price action confirms the price is set to move downward (for now).

It can be expected for a bounce up to 10085 level for a retest and resume the downtrend until year end. At support I expect a massive reversal to the upside for a monster move in 2020.

I don't short BTC (never short a bull market until it proves that is a bear trend) or hold any coins. Neutral...and waiting patiently on the sidelines...
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