Bitcoin / TetherUSUpdated BITCOIN - Long and Short Opportunities 📈📉
Hey everyone,
A scenario for both bulls and bears in theBTCUSDT chart!
For the bulls, the 44.2k level is an important level. A breakout and a restest of this level is a confirmation of the falling wedge. This is huge because it will follow the Wyckoff Accumulation Schematic as seen in my previous post:
For the bears, well you guys are hungry for stop loss hunts and will be aiming to reach the 37.5k or 38k level. After that, a bounce to the upside is expected as the bulls doesn't want the bull market to end that easily.
Trade safely my friends!
Yours truly,
Aloo2k
A scenario for both bulls and bears in the
BTCUSDT chart!For the bulls, the 44.2k level is an important level. A breakout and a restest of this level is a confirmation of the falling wedge. This is huge because it will follow the Wyckoff Accumulation Schematic as seen in my previous post:
For the bears, well you guys are hungry for stop loss hunts and will be aiming to reach the 37.5k or 38k level. After that, a bounce to the upside is expected as the bulls doesn't want the bull market to end that easily.
Trade safely my friends!
Yours truly,
Aloo2k
Trade active
Trade closed: stop reached
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Related publications
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.