BitcoinShort
BTC plays
Updated
hi as i indicated earlier , BTC is in near a huge resistante block ,
it must go down but why haven't it already started the fall ?
well , its a little complicated but the short answer is this , price is making sell side liquidity down bellow , around 28300 - 28600 . and after its built , it might go hunt it . and after that might come back to this very block that it is in . to hunt buy-side liquidity . and then the fall we've been waiting for !!
sooooooooo its gonna be boring but DON'T LEAVE UR POSITOIN OPEN WHEN UR NOT AROUND .
price might make some vicious moves .
that's it , good luck ...
hamid
it must go down but why haven't it already started the fall ?
well , its a little complicated but the short answer is this , price is making sell side liquidity down bellow , around 28300 - 28600 . and after its built , it might go hunt it . and after that might come back to this very block that it is in . to hunt buy-side liquidity . and then the fall we've been waiting for !!
sooooooooo its gonna be boring but DON'T LEAVE UR POSITOIN OPEN WHEN UR NOT AROUND .
price might make some vicious moves .
that's it , good luck ...
hamid
Trade active
first target reached . as we now consolidate on 28300-28600 price block , liquidity is forming in 29000-29300 price range . sooo can u guess what's gonna happen next ???if u said price will hunt this LQTY , YOURE RIGHT !
so now go get ur popcorns for this cinematic move (;
but as always , expect the unexpected , price can fall from this very place without ever touching that 29000 order block , in that case for u not to be out of the game , enter wisely
Note
now we wait for price to reach 27000-27300 . then i'm going to wait for the market to show me its dirty hands !! next bias will be discussed in a new idea . (;
Note
the hunt was a little dipper than i thought , now it might be time for hunting that 29000< liquidity, although technical analysis is no longer as clear as i thought it would be .Note
finally we retraced back into 29000 block . it took much longer than i expected , but now im all shortTrade closed: target reached
done
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