BitcoinShort
50:1 BTCUSD SHORT
ANALYSIS:
1W - Macro RH2
1D - RL3 below 10000 DBL on 9500 weekly support
CONDITIONS:
4H - Confirmed RL3 approaching DBL/RH4
ENTRY:
1H - Sell stop confirmed DBL/RH4 on RL3 break
STOP:
1H - DBL/RH4
TARGET:
1W - RL2
NOTES:
Biased short
7600 next clear support is weak
6000 may become new DBL within larger macro consolidation
5000 first clear support following macro RL1 break
1W - Macro RH2
1D - RL3 below 10000 DBL on 9500 weekly support
CONDITIONS:
4H - Confirmed RL3 approaching DBL/RH4
ENTRY:
1H - Sell stop confirmed DBL/RH4 on RL3 break
STOP:
1H - DBL/RH4
TARGET:
1W - RL2
NOTES:
Biased short
7600 next clear support is weak
6000 may become new DBL within larger macro consolidation
5000 first clear support following macro RL1 break
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