Bitcoin
Short

BTC USD - AT CRITICAL LEVELS

By Saptagirinivasa
Updated
snapshot

Expecting bloodbath in BTC USD if price trades below green trend line on weekly closing basis.

Short - BTC if price closes below trendline. Weekly closing.

Stop Loss - Above Green Candle

Expecting bulls to try and ensure weekly close above the green trendline.

LONG - ONLY IF PRICE CLOSES ABOVE RED LINE - WEEKLY CLOSE

Trade active
PLEASE NOTE - WEEKLY CLOSING CANDLE BELOW GREEN TREND LINE IS IMPORTANT. WAIT FOR THE FOLLOW UP CANDLE NEXT WEEK.

AVOID PREMATURE ENTRY
Trade active
Demand Zone between 10800 to 12050 USD. Small long trade can be initiated.
Chart PatternsTechnical IndicatorsTrend Analysis
Saptagirinivasa

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