BTC at the edge of SURPRISE
there's simultaneously two different situations in way:
1- a strong resistance (red line) that might lead to a big drop
2- a very unstable area with no previous trading volume that might lead to a spike
it's too risky to open short positions with no stop loss or with high margin
1- a strong resistance (red line) that might lead to a big drop
2- a very unstable area with no previous trading volume that might lead to a spike
it's too risky to open short positions with no stop loss or with high margin
Trade active
now my stoploss is on 25and my final target is on 18500
R/R ratio is about 2.
its not a trading setup for everyonr. you can open or close your position with your own strategy
Note
Trade active
weakness in bitcoin chart is visible, but in order to have a deep consolidation, we need it to happen sharp and fastNote
Note
Note
It was the most accurate speculation so far!
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Related publications
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.