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BITCOIN - Wait for the premium price before placing your shorts!
Bitcoin / TetherUS
Short
BITCOIN - Wait for the premium price before placing your shorts!
By JuanCrlsTrades
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Sep 11, 2022
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Sep 11, 2022
1. Price has bounced off on our key level
at 18k level after a heavy sell-off
on USD last week.
2. I'll be waiting for the price to reach and
test the weekly swing high which will
coincide with our 200EMA on a weekly TF
3. On Tuesday, Core CPI news will be released
and if it's positive for the USD, expect another
sell-off on BTC.
4. Wait for the Swing Failure pattern if price
reaches our target at 24k level for the confirmation.
5. If the price breaks through the Weekly Swing high,
a retest at 28k could be possible.
HELLO, TRADERS! IF YOU LIKE THIS ANALYSIS, PLEASE LEAVE A LIKE AND FOLLOW MY CHANNEL AND LET ME KNOW YOUR THOUGHTS BY COMMENTING DOWN BELOW.
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