Bitcoin
Short

short term btc dumpster scheme

Updated
Not trusting the 12.3k daily close of failed breakout high as support, would rather look for support at 11.9-12k and 11.5k for daily and weekly close support levels.

Essentially shorting the range from the upper weekly level to the lower daily/weekly levels.

  • SHORT: From 13.4-13.5k (highly confluent weekly level)
  • TP1: 12k, 11.9k (WEEKLY/DAILY CONFLUENCE)
  • TP2: 11.5 (WEEKLY LEVEL)


Looking to short 13.7-13.8k if 12.9k continues to hold after the initial dump from 13.4-13.5k
Note
TBH, if it breaks and holds 13.8k+ it will fly a lot higher
Chart PatternsTrend Analysis

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