Bitcoin - 7/28/19 - More downward movement to go!

in #bitcoin6 years ago

Taking another look at the charts we see weak movement today. I don't want to enter right from here, but if I would make a play(which I am) I would short from the .382 measured from the last high to the last low. Sure looks like a wave 4, meaning we have a 5th left to go. Fourth waves tend to retrace to the .382 marked on the chart!
chart72819.png
https://www.tradingview.com/x/ugru7Br4/
Bitcoin is having a lazy Sunday today! So sorry the update is short, just nothing to update other than stacking shorts at the .382!!! This is not financial advice! This is more of my trading journal than anything! Good luck and Good day!

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