Through my most thorough analysis to date,
i found that the bitcoin downtrend can only be induced through these 7 15minutes candles,
which are body-less and ultra high range(/squeeze/shakeout candles.)
This process may be triggered by the interesection of trendlines and August'sATH/$4650
(Zoom out the Y Axis to see how to set all your orders !)
i do not recommand trading these candles above leverage 250x
i found that the bitcoin downtrend can only be induced through these 7 15minutes candles,
which are body-less and ultra high range(/squeeze/shakeout candles.)
This process may be triggered by the interesection of trendlines and August'sATH/$4650
(Zoom out the Y Axis to see how to set all your orders !)
i do not recommand trading these candles above leverage 250x
Note
4650! it may be happening!!!! If your market wont allow to post that long at minus $200 reduce your leverage accordingly for that deal.Note
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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.