BTCUSDT Perpetual Contract
Short
Updated

BTC - Really interesting SHORT setup

199
It is so interesting right now.

1) A short is sooooo obvious. So many bearish Divergences in Volume, Delta, OBV, CVD etc...
OI + CVD shows shorts are opening. An at least 2% Short is really obvious.
But OI + Delta shows that Longs are getting absorbed!

2) BUT : Some sixth sense tells me there could be a SFP or Short Stop hunt at that level.

  • if the Price breaks up and moves further up for days, then it is a news or news manipulation.
  • a short Term fake break out would be possible too. About 30%.


More possible :snapshot
Less possible Or news Or Fake out: snapshot
Follow for more ideas/Signals. 💲
Look at my other ideas 😉
Just donate some of your profit to Animal rights and rescue or other charity :)✌️
Note
This scenario could confirm a nice short. On Footprint chart:
A big green inverted hammer with POC above candle and negative delta and many buy imbalances on top of candle. --> SHORT SHORT SHORT.

But waiting for that candle to appear?
Order cancelled
So many nice trades but this one went out of control hhhh.
The levels were respected good but despite bearish volume indictions, whales moved price upper.

Marked Yellow Level and orange TL were respected very good. Marked Yellow Leve was even like sniping. But Whales temporary won.

I was was thinking about a short at least 2% profit but the move was only a 1.9% move. Closed break even :(
My Revenge Trade (Short) will come ... Loading ...🤣snapshot

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.