BTC is doing tiny moves within a thin order book... it has been boring for a while
There is a MAJOR confluence in this 41,6 - 42 k region where we have: bearish retest zone + EMA/MA 200 -> perfect area to short. I believe market makers are looking at this area as well
What could trigger the plan :
1. Retest this area (then stay awake whatever the time !)
2. A H1/H4 bearish signal
3. Ideally, a BIG red candle with some volume
I will then focus on weaker alts, as they have been underperforming BTC lately.
Cheers
PS: I have not been posting in a while as there was no major event, i think this is one. + tv giving me headaches with languages issues
There is a MAJOR confluence in this 41,6 - 42 k region where we have: bearish retest zone + EMA/MA 200 -> perfect area to short. I believe market makers are looking at this area as well
What could trigger the plan :
1. Retest this area (then stay awake whatever the time !)
2. A H1/H4 bearish signal
3. Ideally, a BIG red candle with some volume
I will then focus on weaker alts, as they have been underperforming BTC lately.
Cheers
PS: I have not been posting in a while as there was no major event, i think this is one. + tv giving me headaches with languages issues
Note
The plan was triggered and is going well BE at entry price now
TP 1 37k
TP 2 33k
Cheers
Note
All tp hit
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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.