ביטקויןשורט
Still bearish till Stoch bounces
Weekly Stoch RSI is still very bearish and need to wait till it hits the bottom till we can really say we are bullish again. Have two supports for next legs down it all depends one fud and news how hard we are gonna go down. If we have a slow soft dump we might hit bottom around 11-12k, but if some major event causes a hard dump, we might see go well beyond that around 6-9k area.
Personally I have set a partial buy at 12k and then another buy at 9k area. As we could dump to 12k area and bounce up before going down more and take profit before it goes down more. As currently world in a recession and also doubt it get resolved in a very short time and not see any new ATH this year.
Not financial advice, just what I see and my own strategy how I am gonna trade, but I am no expert.
Personally I have set a partial buy at 12k and then another buy at 9k area. As we could dump to 12k area and bounce up before going down more and take profit before it goes down more. As currently world in a recession and also doubt it get resolved in a very short time and not see any new ATH this year.
Not financial advice, just what I see and my own strategy how I am gonna trade, but I am no expert.
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