BTCUSDT.P short

Currently BTC is showing a good move for buyers. Price breaks ATH which is a good news for all that are in crypto. However, retracement is inevitable, we just don't know where, when and how strong will be the retest. It's up to you how you will ride the price. Weather you see it long or short its ok, as long as you know and you have the confidence on your trade.

Mine so far has two zones. 63,000 to 60,000ish has a possibility to push the price higher because of the zone showing on the Weekly TF. However I will keep an eye on the D TF pushing the price lower to 51,371ish (for the TP area).

Price action will be my guide, weather Weekly or Daily zone will be respected.

Happy Trading!
Supply and DemandSupport and ResistanceTrend Analysis

Also on:

Disclaimer