As provided in my last idea BTC looks heavily overbought on all timeframes. As shown in chart technicals don't suggest another break-up.
Local limit should be close.
I am very longterm on BTC and want to change my portfolio at the moment, so i wont go leveraged short.
But short term shorts should have a pretty good risk/reward for all short term plans.
I would like to see a retest of the neckline from early 2019, just to see, this is not some kind of dead cat bubble thing, what we see since april18.
This idea referes to my last one.. link:
Local limit should be close.
I am very longterm on BTC and want to change my portfolio at the moment, so i wont go leveraged short.
But short term shorts should have a pretty good risk/reward for all short term plans.
I would like to see a retest of the neckline from early 2019, just to see, this is not some kind of dead cat bubble thing, what we see since april18.
This idea referes to my last one.. link:
