Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
Bitcoin 1WTF Macro Bearish
Bitcoin / TetherUS
Short
Bitcoin 1WTF Macro Bearish
By Krampa_
Follow
Follow
Aug 28, 2023
4
4
4
Aug 28, 2023
BTCUSD
1WTF Macro retest and breakdown more specified with additional thoughts
This is how I expect the retest shown earlier to take place:
- Bear Flag on the weekly
- Bear Flag on the daily
- Based on structure, the retest will be up into the region of 27.58-28k
- See the top in 2022 as an example
Some thoughts :
- if I get a good S opp. in that region I’ll enter
- 30k region is out of scope for the next months
- I’m still expecting deep downside movements
- a new lower low is likely
- DCA below 19k and mostly not trade till then
- Bullish above 33k
Chart Patterns
Technical Indicators
Trend Analysis
Krampa_
Follow
Also on:
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
.