Bears hammering down on support
Holding horizontal support with lower highs is no bullish sign in my book. To some it may look strong; to me, it looks like bulls scalping until risk reward becomes too narrow.
Trade closed: stop reached
- Stop triggered and turned into a long last night. MM might be looking to squeeze shorts and shoot for the last wave up.
Just like I noticed on ETH, BTC might have been forming a triangle correction starting halfway October already.
--- This trade is closed.
Long stops below that red horizontal line.
Trade closed: target reached
Adaption is vital, target reached.Might go up to near 7k ish though.
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