Interesting days ahead.
Still holding short from 7100-ish area and looking for my target #1 @ 6600 to get hit. SL already at breakeven. If good price action develops I will add a bit to my short.
General tendency still down for BTC. Big guys, desperately want stops below 6000 and I will follow them there if I see fast action. If this happens I will be liquidating my entire short and will be a buyer with scale in tactic below 6000 as for possible spike and a bounce trade.
If we don't see good momentum and volume I will reassess and probably stay with my short but tighten up on the SL.
General tendency still down for BTC. Big guys, desperately want stops below 6000 and I will follow them there if I see fast action. If this happens I will be liquidating my entire short and will be a buyer with scale in tactic below 6000 as for possible spike and a bounce trade.
If we don't see good momentum and volume I will reassess and probably stay with my short but tighten up on the SL.
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.