Quick BTCUSDT.P bear play
This is something I notice, I wont take a trade off this because I'm already in one with eth but I seen this little trade. Basically we see that BTC swept past two highs sweeping all that liquidity so what we can expect with bos on a smaller timeframe is a down move to fill those lower liquidity levels and probably make a move back up. Also a big FVG on 15m so BTC will prob fill that out and then make a move to the downside. BTC and ETH seem to have a strong correlation so its kind of similar to my ETH trade I'm in right now but I just wanted to post this because I thought it was an opportunity to take a trade.
Trade closed: stop reached
Trade did not go well but thats ok, Ill learn from it and move on but also cool that btc finally broke 100000
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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.