Bitcoin
Short
Updated

BTC third wave correction

1 796
I think BTC is doing a more complex corrective structure.
You should look for buy setup on lower time frame when the price will be under 10k.

If Bitcoin break 20 000$ and make a flag over the 20k support, i buy the breakout to 25k.

For the moment i only see a sell setup in BTC, so be careful of FOMO.
Trade active
I'm in the trade.
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Note
If you are looking for an entry in this trade, you can take the next breakout on lower TF.
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Note
If you are looking for a second entry in this trade, you can take the next breakout on lower timeframe. (Breakout under 14600$) snapshot
Note
Another short setup, the dump money is crying right now. If it break 12800 enter short or drop longs. snapshot
Note
The short setup is still valid. Market moves in 3 waves.
We had 1 impulse down, now its correcting and we will have another impulse down.

After the next impulse, we will looks at the patterns and if we see its correcting again for a 12345, we will short another breakout.

Under 10k , ill start to looks for buy setup and not shorting anymore. I will update my ideas on BTC at this time.
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Trade closed: target reached
Target reached on short BTC from 17k
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