Hello subscribers and traders!
Over the weekend, the situation has not changed.
We are still under strong resistance at the level of $4300-4400. Ideally it would be if a false breakout of resistance was formed, there we would be able to add a short.
Today I present to you for comparison two graphics that clearly indicate when you need to open the short and long, there is no need to be an expert to understand them.
Shorts should be opened when their number is less than 19000 and closed when reaching 38000-40000, since a large number of shorts is a dream for bulls, when closing the short at these levels, you need to slowly open the long.
Me and my followers have already opened a short at the peak at $4200 and now there is our stop loss. In the event that the price will touch resistance, we immediately open new shorts at the level of $4300-4400.
Thank you guys for your likes and subscribe!
Over the weekend, the situation has not changed.
We are still under strong resistance at the level of $4300-4400. Ideally it would be if a false breakout of resistance was formed, there we would be able to add a short.
Today I present to you for comparison two graphics that clearly indicate when you need to open the short and long, there is no need to be an expert to understand them.
Shorts should be opened when their number is less than 19000 and closed when reaching 38000-40000, since a large number of shorts is a dream for bulls, when closing the short at these levels, you need to slowly open the long.
Me and my followers have already opened a short at the peak at $4200 and now there is our stop loss. In the event that the price will touch resistance, we immediately open new shorts at the level of $4300-4400.
Thank you guys for your likes and subscribe!
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.
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.