BitcoinShort
Bitcoin Relief Rally ?
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Trade Idea:
Currently, in BTC, while we see lower highs and lower lows in higher time frames, we are observing a rise in intermediate trades. If this is a relief rally, we can take short positions by confirming the trend break and levels with data.If we conquer the Range High with high volume, our target will be 44K; otherwise, the target will be 37K.
Personal Point Of View: Still Market is in range, don't need to target lower of higher until clear range breakout.
Keep In Mind: On every chart, you should have invalidation and setup activation conditions. Without these, you can produce as many scenarios as you want.
Read First ❗ Follow me to understand the context of the market and improve your market reading with the right technical analysis methods.
Important : Please Use RM (Risk Management) and MM (Money Management) If You Decide To Use My Ideas, There Will Always Be Unprofitable Ideas, This Will Definitely Happen, The Goal Of The System Is That There Will Be More Profitable Ideas At A Distance.
Trade Idea:
Currently, in BTC, while we see lower highs and lower lows in higher time frames, we are observing a rise in intermediate trades. If this is a relief rally, we can take short positions by confirming the trend break and levels with data.If we conquer the Range High with high volume, our target will be 44K; otherwise, the target will be 37K.
Personal Point Of View: Still Market is in range, don't need to target lower of higher until clear range breakout.
Keep In Mind: On every chart, you should have invalidation and setup activation conditions. Without these, you can produce as many scenarios as you want.
Read First ❗ Follow me to understand the context of the market and improve your market reading with the right technical analysis methods.
Important : Please Use RM (Risk Management) and MM (Money Management) If You Decide To Use My Ideas, There Will Always Be Unprofitable Ideas, This Will Definitely Happen, The Goal Of The System Is That There Will Be More Profitable Ideas At A Distance.
Disclaimer
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