Hello, hope everyone has enjoyed their holidays! Now let's back to the grind, shall we? Here's what I see... We are currently trading below the EQ of this bear flag that has been ranging the past week or so. The entries are not ideal as I would rather enter higher but the market is overall bearish. So let's deal with what it's offering us. ENTRIES: A)...
Stalking a short, rationale for set up is because of declining bullish momentum indicating a sell off may be imminent. DISCLAIMER: I am not responsible for any losses that may incur as a result of using my trading set up, so please use caution and DYOR.
Uptrend Channel + 6210 support is holding Can enter up to 6230 Target up to 6420 SL is 6190 Good luck! *** This is not financial advice. I'm not responsible for any financial losses incurred as a result of using my trading strategy. Please exercise caution before you trade at your own risk. ***
The tension between bears and bulls is quite tense but the bulls are getting exhausted. Short it!
Bitcoin recently broke the downtrend line and is bullish in the short-term. If BTC closes firmly above 7700/7750 resistance with volume, we'll have a confirmed trend reversal that will likely drive the price upwards to 8ks. Entry: 7700/7750 Target Price 1: 8000 Target Price 2: 8200 Stop loss: 7640 *** This is not financial advice. I'm not responsible for any...