BitcoinShort
BTCUSD all eyes on Weekly Close
Sell Execution at current market price is valid as well aside from limits suggested. If weekly candlestick closes bearish i will hold short.
So far price has only had 1 tap upwards as a retest. MM method expecting possibly 2-3 more touches upwards. Stop hunting is expected to hit final sell limit at 11250 --- Recommended to split intended lot size into 4 entries. 3 limits and 1 execution after a notable stop hunt move up. Short only valid if weekly candlestick remains bearish. Expecting crash to 5000------- If weekly candlestick close stays above support im expecting 13000 at least. Use own SL and Risk Management.
So far price has only had 1 tap upwards as a retest. MM method expecting possibly 2-3 more touches upwards. Stop hunting is expected to hit final sell limit at 11250 --- Recommended to split intended lot size into 4 entries. 3 limits and 1 execution after a notable stop hunt move up. Short only valid if weekly candlestick remains bearish. Expecting crash to 5000------- If weekly candlestick close stays above support im expecting 13000 at least. Use own SL and Risk Management.
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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.