Weekly shooting star Bitcoin
Updated
Double top weekly
Shooting star weekly with volume spike on the week SEC approves Btc etfs
Pennant broke to the downside
Monitoring monthly close
Need to see strong weekly red candle
TP: (Target 39-38k or till I see weekly reversal/weak candle)
Opposite scenario:
Not a huge volume spike on the weekly compared to the 3 weekly volume spikes of 2022 bottom
Shooting star weekly with volume spike on the week SEC approves Btc etfs
Pennant broke to the downside
Monitoring monthly close
Need to see strong weekly red candle
TP: (Target 39-38k or till I see weekly reversal/weak candle)
Opposite scenario:
Not a huge volume spike on the weekly compared to the 3 weekly volume spikes of 2022 bottom
Trade active
Entry was the first daily red candleTrade closed manually
Note
Daily continuation interrupted. Eth sitting on 20 day SMA + bull flag.
Cautiously closing short as I have etf and have to do trade during weekdays
Anything can happen over the weekend. Still under 50 day EMA.
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