BTC will take big hits. Altcoins will take huge hits!
Updated
Perfect rejection in my shorting area. Unfortnunately the market did not gave me the last long (from 19k area) but I got some quick scalps in lower TF.
I would add some more shorts if price recovers but I am expecting a price below 20k very soon.
My SL is at 25k
Targer 16K
Good luck and stay healthy
I would add some more shorts if price recovers but I am expecting a price below 20k very soon.
My SL is at 25k
Targer 16K
Good luck and stay healthy
Note
nice rejection!I would recommend to trade with small sizes for the next coming days.
The volatility will increase. We could also see a push upwards 22k from here to take out some early shorts.
My bias is bearish till we see 16k, then we have to evaluate the economy situation.
Note
Green box reached.Let's see what happens
If this area (till 14k) holds, I expect 28k in the next coming weeks.
Otherwise downonly
Trade closed: target reached
hit perfectly green boxclosed trade and switched to short
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