BitcoinShort
Potential Scalp Short BTC 18 May 2022
BTC 18 May 2022
The current expected volatility is around 4.76%
Based on a 82.5% chance, our asset is going to be compressed within the channel made from:
TOP 31860
BOT 29000
From POC Volume point, the concentration point is around 30400 -> 29800
At the same time yesterday, we had Jerome Powell on a hawkish attitude, so we can expect another bear rally in the near future.
Based on all of this, at this very moment we can try a small scalp with
TP around 39500-39250-39000
SL around 30500
The current expected volatility is around 4.76%
Based on a 82.5% chance, our asset is going to be compressed within the channel made from:
TOP 31860
BOT 29000
From POC Volume point, the concentration point is around 30400 -> 29800
At the same time yesterday, we had Jerome Powell on a hawkish attitude, so we can expect another bear rally in the near future.
Based on all of this, at this very moment we can try a small scalp with
TP around 39500-39250-39000
SL around 30500
🔻My Website: hercules.money/
🔻Blog: hercules.money/blog/
🔻Telegram : t.me/hercules_trading
🔻Discord: discord.gg/hudcJvcCAq
🔻Blog: hercules.money/blog/
🔻Telegram : t.me/hercules_trading
🔻Discord: discord.gg/hudcJvcCAq
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🔻My Website: hercules.money/
🔻Blog: hercules.money/blog/
🔻Telegram : t.me/hercules_trading
🔻Discord: discord.gg/hudcJvcCAq
🔻Blog: hercules.money/blog/
🔻Telegram : t.me/hercules_trading
🔻Discord: discord.gg/hudcJvcCAq
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.