Bitcoin:looking for retracement top before final dive
so basically I think the current dive will resume(where to? dunno) before a major uptrend.
Currently looking to accumulate more shorts, which I'm keen to do while it is retracing(I think) from the dive to 367.
I've drawn a few fib retracements, one for the rise from 275(to look for support), I see major supports have been smashed, so this baby is going down for a bit I reckon.
Then a couple more to look for where the current retracement upwards will top out.
It seems we'll top out below 380: but the dive today was quick, expecting to accumulate slooowly.
Currently looking to accumulate more shorts, which I'm keen to do while it is retracing(I think) from the dive to 367.
I've drawn a few fib retracements, one for the rise from 275(to look for support), I see major supports have been smashed, so this baby is going down for a bit I reckon.
Then a couple more to look for where the current retracement upwards will top out.
It seems we'll top out below 380: but the dive today was quick, expecting to accumulate slooowly.
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