Monthly double top
weekly still remain bullish
And from main chart we can note that daily turned very bearish while monthly double top indicate that trend change to downside is eminent.
I have been bearish for over 3 months and I am continuing the same this whole year until I see reasonable signs of bullish trend
Note
Take opportunity to exit on this daily candleNote
Today we witnessed a sharp decline to 60k and back to normal price and this is a good sign to proceed with the short, here are trade details:Short 63 -63.4k
target 29.6 - 36.9k
stop 64.9 - 65.8
Trade closed: stop reached
BTC bear trend my start from here but sadly our stop so it is not any wise to continue this trade. However we can jump back to short under 59k which can lead to huge dipNote
We got out of our short at the right time under 65k before price hitting 69k. Now price back to bearish mode and we can continue our short positionNote
I will make a detailed new post soonNote
What I have been saying? # days delayed to end of the MonthDisclaimer
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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.