Good afternoon everyone,
Look to sell Bitcoin as the price broke the trendline and is now consolidating below it. The move could happen quickly and resonates with the sentiment deterioration on other risk assets after the recent rebound. The first target is @19k whereas the whole move could retest june lows at @18k.
Wish you all the best trades,
PTFX
Disclaimer: This post does not provide any kind of financial advice. It is for educational purposes only and solely supported by my understanding of the technical figure based on wave theory.
Look to sell Bitcoin as the price broke the trendline and is now consolidating below it. The move could happen quickly and resonates with the sentiment deterioration on other risk assets after the recent rebound. The first target is @19k whereas the whole move could retest june lows at @18k.
Wish you all the best trades,
PTFX
Disclaimer: This post does not provide any kind of financial advice. It is for educational purposes only and solely supported by my understanding of the technical figure based on wave theory.
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