In the recent post "BTC reversal", I have showed you how a normal market behave in this type of situation, that is when reversal structure appears accompanied by more patterns founded in Chartism.
Sometimes BTC do behave as a traditional market (commodities, forex, etc), nevertheless, Crypto is a special kind of market, one with very high volatility and in which is common to see over extended movements.
That's why, now, I'm sharing with you how I will trade the possibility of an over extension.
Any of both cases end up with a strong correction to the 40k-46k level.
Best of luck for every one of you !!
Thanks for your support.
Let me know what do you think.
Give me a thumb up if you feel it.
Peace and Joy
Crypto Solar
Sometimes BTC do behave as a traditional market (commodities, forex, etc), nevertheless, Crypto is a special kind of market, one with very high volatility and in which is common to see over extended movements.
That's why, now, I'm sharing with you how I will trade the possibility of an over extension.
Any of both cases end up with a strong correction to the 40k-46k level.
Best of luck for every one of you !!
Thanks for your support.
Let me know what do you think.
Give me a thumb up if you feel it.
Peace and Joy
Crypto Solar
Trade active
Lets go to the moonTrade active
We're fully inTrade closed: stop reached
Sadly HuntedNote
Will reenter with tight SL
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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.
Related publications
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.