BTC Showing Signs Of A Pullback In The Next 2 Weeks
BTC is showing signs that it is getting ready for a temporary pullback. I suspect a descending triangle or pennant is forming on the 30min charts to signal the reversal and the best price to short will be between 109500-110000. This is confirmed with a daily close below 106300.
Trade active
According to the ascending channel on the 5min & 30min charts the short entry-price, at triangle/pennant resistance, should be reached before midnight (UTC) tonightNote
Negate the comment relating to the ascending channelNote
Pullback confirmed. If you missed the entry at 108700, enter short position at an underside retest of support at 106500Note
Congratulations to everyone who took this short position. Note
Underside retest complete.Trade closed: target reached
BTC did not sell-off as hard as expected, but trade was close at 101000, following the bounce from circa 100311 on Binance. My trades were short from 108000, then added to my short on a pullback to 106500. Closed at 101000 
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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.