BTC at the edge of SURPRISE
Updated
there's simultaneously two different situations in way:
1- a strong resistance (red line) that might lead to a big drop
2- a very unstable area with no previous trading volume that might lead to a spike
it's too risky to open short positions with no stop loss or with high margin
1- a strong resistance (red line) that might lead to a big drop
2- a very unstable area with no previous trading volume that might lead to a spike
it's too risky to open short positions with no stop loss or with high margin
Trade active
now my stoploss is on 25and my final target is on 18500
R/R ratio is about 2.
its not a trading setup for everyonr. you can open or close your position with your own strategy
Note
Trade active
weakness in bitcoin chart is visible, but in order to have a deep consolidation, we need it to happen sharp and fastNote
Note
Note
It was the most accurate speculation so far!
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