If stopped out I plan on reshorting. Theres is POTENTIALLY one more leg to count 5 on this uptrend on the daily. Im really on the fence here. Probably a few hours after this call ill know. But im going to take the chance here, potentially get stopped out and then short higher if we do get up there. Looking at $60-65 range at that point
Regardless I plan on accumulating shorts in this zone.
Note
In this hourly, we have slightly broken higher. I have closed my short at breakeven. BTC might go for a breakout. Sitting on my hands for now
Note
looks like we broke higher and got rejected. took the short again. i just needed to make sure this thing wasnt pumping too hard. im shorting the next green up candle. still might give us a baby squeeze to $60 on coinbase.
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.