Hello traders,
I've been monitoring bitcoin's chart ever since I came across the falling wedge and seems to be playing out so far.
If you seen my previous post you'd know around $44,100 I posted the 1-5 setup eventually breaking to the upside of the falling wedge.
25x shorts get liquidated around $46,000.
CME future's gap still open at $48,000 (my next short entry) if we get there.
Time will tell.
👍
I've been monitoring bitcoin's chart ever since I came across the falling wedge and seems to be playing out so far.
If you seen my previous post you'd know around $44,100 I posted the 1-5 setup eventually breaking to the upside of the falling wedge.
25x shorts get liquidated around $46,000.
CME future's gap still open at $48,000 (my next short entry) if we get there.
Time will tell.
👍
Trade active
Trade active
We can dip from here short term because at resistance and momentum oscillator overbought but, may still fly. closed 90% of trade letting remainder run probably until at least $46,000 - $48,000 and will add on any dips.
Goodnight.
Trade active
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.