BTC longs/shorts ratio chart shows crypto support

Gregor Horvat Wavetraders

BTCUSD Longs/Shorts ratio chart is nearing strong technical support area, which can be supportive for Bitcoin and ALTcoin friends. So, after the final short-term drop within wave (C) of an (A)-(B)-(C) correction, watch out for stabilization and bullish continuation in the Crypto market, ideally from 950B – 850B area.

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Author

Gregor Horvat

Wavetraders

Experience Grega is based in Slovenia and has been in the Forex market since 2003.

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