Bitcoin / TetherUSUpdated BTC THOUGHTS 4hr - Potential Setup
Just few thoughts as per the market structure, long setup is building to form a lower high and bring the potential FOMO in the market. then we can see the potential short after the long due to the resistance and the weekly candle inverted hammer showing weakness in the market.
we can also see apotential short position, lets see which plays out first. my personal thoughts are that it should play long first, why, there is a consilidation, a tight range and lower side liquidity is swept, the above is still remaining.
we can also see apotential short position, lets see which plays out first. my personal thoughts are that it should play long first, why, there is a consilidation, a tight range and lower side liquidity is swept, the above is still remaining.
Trade active
Buy stop order triggered, most likely it will hunt the stop loss before making the move that we are seeing and unfortunately my stop will be taken first, fingers crossed, lets see
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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.