Bitcoin | I Give the 28000 level for Short
I think the price has to get fuel from below to keep going up.
With the positive decision to be announced on September 2 soon, the market maker will again demand the 30.200 level, creating a long bias.
In short, I was involved in the run down to the level I expected 23,200 at 28000 (you can see the proof of this in the analysis below i said 28000 to short in the comment of the analysis before the spike) and I'm out right now.
Next days will be very volatile in my opinion.
I will probably create a short position on 29.200-29.800-30.600 and stop at 31.800.
23.400 will be my tp and I'll take one 1R risk on every price point. Total risk will be 3R.
With the positive decision to be announced on September 2 soon, the market maker will again demand the 30.200 level, creating a long bias.
In short, I was involved in the run down to the level I expected 23,200 at 28000 (you can see the proof of this in the analysis below i said 28000 to short in the comment of the analysis before the spike) and I'm out right now.
Next days will be very volatile in my opinion.
I will probably create a short position on 29.200-29.800-30.600 and stop at 31.800.
23.400 will be my tp and I'll take one 1R risk on every price point. Total risk will be 3R.
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