BITCOIN 💰 Wyckoff Spring SOON??? 🐍

Please, only short-term trade ⏱️ with very tight stop losses!
Threat is to the downside. 👇👇👇
This is a countertrend trade.
🚨 For experts only! 🚨

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Exit position in less than 11 hours or if Stop Loss gets taken out.

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Correction: Bottom of Trading Range was actually $6028... the drop below Bottom of Range was the Shakeout.

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Macro view... possible last-minute support on 200 Weekly EMA.

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Spring in process... Now, consolidating under Last Point of Support!

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Debating on whether I want to take profits on short-term trade...
Looks like Bitcoin is still in process of "Sign of Strength" phase.
Decided to just Trail Stop Loss below "Last Point of Support."
Trade is in Profit.
I need to go to bed 😴😴😴
As a trader you DO NOT GET PAID FOR YOUR TIME. You get paid to make the right decisions! ✌️

Note

Woke up this morning to see price above Trading Range! This confirms "Sign of Strength." Moved my Stop Loss to 50% of Trading Range (below $6,170).

Trade closed manually

You never lose money by Taking Profit... 👌 Just looks "toppy" at the moment with Strong Bearish Divergence. WIll reassess if it breaks above resistance. 🚨 Threat is to the downside. 🚨

ChartCinema

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ChartCinema

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