Hey there!
Related to my previous ideas, here is my trading idea for the upcoming weeks.
My bias didn't change after the last pump. It was nice to see that bulls are still alive, but IMO this pump was also in my calculations because of the huge shorting volume from this 21k area. The market took them out, and now it is following its trend.
Markets are bearish, just follow the trend.
Best regards !
(The time intervals are drawn randomly. This chart is only to demonstrate how it should look.)
Related to my previous ideas, here is my trading idea for the upcoming weeks.
My bias didn't change after the last pump. It was nice to see that bulls are still alive, but IMO this pump was also in my calculations because of the huge shorting volume from this 21k area. The market took them out, and now it is following its trend.
Markets are bearish, just follow the trend.
Best regards !
(The time intervals are drawn randomly. This chart is only to demonstrate how it should look.)
Trade active
my spot sell is active23091 (on bybit)
good luck
Note
Still in!This short is just the beginning. Distribution phase is about to start soon.
Entry 23091
TP 13000
SL 24500
Note
reentered at 25000SL is at 25500
Target is at least 19800
Update my post:
We were in the manipulation phase and 25300 was high probably the top
now we should enter the distribution phase
big week ahead
If we break above 25400 and staying above, I will switch full bull
GL stay safe
Note
Perfect entry on top of market.I closed half of the position and set SL in profits.
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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.