Short Bitcoin this week till major supp at 6k
Updated
Hello guys,
Short term traders, watch this, if a candle in elipse will close below that triangle line (up) you can short. It´s known as Iceberg Order (manipulation, traders who long it after pullback on triangle line and a bull candle got trapped, market will hit their stop losses soon, is in sight) nice Risk/Reward ratio.
Others watch this levels this week, I want to see bitcoin in pump zone. Then we can Long, it is really nice long term opportunity.
PS: If there will be panic, we can see bitcoin under 6k (5,5k max) then massive pump and bulls taking control over this market.
Herac
-give me your feedback guys, thanks
-what do you thing about BTC nowdays?
Short term traders, watch this, if a candle in elipse will close below that triangle line (up) you can short. It´s known as Iceberg Order (manipulation, traders who long it after pullback on triangle line and a bull candle got trapped, market will hit their stop losses soon, is in sight) nice Risk/Reward ratio.
Others watch this levels this week, I want to see bitcoin in pump zone. Then we can Long, it is really nice long term opportunity.
PS: If there will be panic, we can see bitcoin under 6k (5,5k max) then massive pump and bulls taking control over this market.
Herac
-give me your feedback guys, thanks
-what do you thing about BTC nowdays?
Note
Engulfing candle created, I think it is clear, where price heads now.If you want to know more about my analysis, feel free to ask.
Trade closed: stop reached
SL reached...That´s why I dont like short-term trading on cryptos.
Have a nice day
Trade active
Wow, that downtrend line hold it really nice. We could expect this major drop, it´s called, manipulation. Guess who got trapped. Yeah retracement traders who long after breaking that triangle line. After that, BTC hit their SL and major drop appeared.
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