Am I a permabear? No...I just do what the charts tell me....especially during a downtrend.
Note
Worth noting a lower time frame possibility. BTC has a nice habit of deviating from ranges and bouncing off order blocks before returning back into a range and plummeting.
Trade active
Short got picked up with a $3 difference...lets see if we can ride this.
Noting an ascending formation so deviation as above could still occur as a stop hunt exercise...I'll be waiting to add to my short up in those regions too!
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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.