Short

Current thoughts on $btc

Updated

Described as in the chart

Will short if on closing bases drop below 3777 and will add if closing bases below 3640.

If bounce here will load more shorts up at the resistance band.

Note

Missed a line there. If the teal line bounce up to 4043 then it would first target 3640 and pause to make decision

Note

3936 is the first targe for the teal line bounce

Trade closed: target reached

Short target reached. Waiting for the buy volume to come in for the bounce.

Trade active

There's the bounce. Let's go.

Trade active

my stop at 3936 was hit and took me out into a flip trade.

Note

Like I said before I added more after 3633 and is currently still in the short. Will add to any bounce unless it breaks above 3600 at this moment.

Note

Volume broke out and took us down. Next real important target is 3k then the OB band I highlighted.

I have highlighted all the bounce zones.

Still in a short.

cdn.discordapp.com/attachments/484367347801391115/520653378804776973/unknown.png

Note

Short until real bounce happens.

Trade active

adjusting the arrows real quick
Added more short yesterday on the break.

Note

I feel like that's a plausible dead cat bounce before dropping again.

Trade active

Still in my short. Will add to more once we are above 3600 all the way to 3800. I will not long until passes 3800 with convincing volume.

ChaiQixuan

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.