Bitcoin / TetherUSShort
ANOTHER LEG CATCHED, AND WAITING FOR A SWEEP
What a month it's been, traded both legs from 20k to 22.5k, twice beautifully, while taking a 40% move up in PYR this last weekend. Nailed most of this bear market with enough precision to make a good money, as shared for months since I started posting back this year. Just patience, not overtrading and waiting for setups to appear, already made enough profit for the rest of the year this last weeks. And all publicly shared of course.
Really happy and proud of my plays, and I really hope that some of the people that follow me catched the plays too.
Im still macrobearish but trading is not about bear or bull, but about taking expansive moves, that's where money is made, if you are just planning to take short ideas because you are bearish you will be biased and conditioned. Learn to trade both ways.
This will be the last idea I will be sharing in some time, so I will try to cover the direction of the market for a couple of months at least.
I want to see a deviation above current range, while 24336$ holds as resistance. The lines are just for decorative purpouse, it does not mean price will do the same, or that price will reach to that exact areas,it could be a smaller deviation while 24336$ is respected, but those are the key levels I will be watching.
Bitcoin is currently capped between this 2 levels imo:
So a clear acceptance above 24336, would probably open the gates to 26.7k followed by that red level at 30k.
IN RESUME: deviation and close below range highs while respecting 24336 area, and that's a short to at least to those lows marked with an "x".
Clear close and acceptance above 24336, and that will be a long for me to those 2 objectives mentioned previously.
But until then, I still think this is just a sweep of the last month highs before retesting jun lows again, just a range play for now. as long as that key area holds.
Good luck and enjoy the rest of the summer.
Really happy and proud of my plays, and I really hope that some of the people that follow me catched the plays too.
Im still macrobearish but trading is not about bear or bull, but about taking expansive moves, that's where money is made, if you are just planning to take short ideas because you are bearish you will be biased and conditioned. Learn to trade both ways.
This will be the last idea I will be sharing in some time, so I will try to cover the direction of the market for a couple of months at least.
I want to see a deviation above current range, while 24336$ holds as resistance. The lines are just for decorative purpouse, it does not mean price will do the same, or that price will reach to that exact areas,it could be a smaller deviation while 24336$ is respected, but those are the key levels I will be watching.
Bitcoin is currently capped between this 2 levels imo:
So a clear acceptance above 24336, would probably open the gates to 26.7k followed by that red level at 30k.
IN RESUME: deviation and close below range highs while respecting 24336 area, and that's a short to at least to those lows marked with an "x".
Clear close and acceptance above 24336, and that will be a long for me to those 2 objectives mentioned previously.
But until then, I still think this is just a sweep of the last month highs before retesting jun lows again, just a range play for now. as long as that key area holds.
Good luck and enjoy the rest of the summer.
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