Hello,
I make this setup because I saw some rejection for BTC at $44.5K area. Let's keep this in our mind. People have a bull position since they break the BTC area at 41K. We might see $47K wicked for the short killer (the probability is 50:50). When $47K reach don't keep your long position, or we could do a short position for trading here.
[SHORT]
Leverage: x3
Entry: $44,400 - $46,900
Target: $41,300 - $40,110 - $39,200
SL: $47,900
I think we could do it because BTC need to take a breath. Let the time tell us.
I make this setup because I saw some rejection for BTC at $44.5K area. Let's keep this in our mind. People have a bull position since they break the BTC area at 41K. We might see $47K wicked for the short killer (the probability is 50:50). When $47K reach don't keep your long position, or we could do a short position for trading here.
[SHORT]
Leverage: x3
Entry: $44,400 - $46,900
Target: $41,300 - $40,110 - $39,200
SL: $47,900
I think we could do it because BTC need to take a breath. Let the time tell us.
Trade active
Entry $44,400Trade active
Target Change:TP1: $43,100 (Short-Term)
TP2: $42,600 (Short-Term)
TP3: $41,300 (Mid-Term)
TP4: $40,110 (Mid-Term)
TP5L $39,200 (FINAL)
Note
TARGET(TP) 1 DONENote
BEWARE WITH BEAR REJECTION AT 42KNote
TARGET(TP) 2 DONENote
TARGET(TP) 3-4 DONE.., Further Update Next Week THANKSTrade closed: target reached
ALL TARGET DONE
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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.
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.