Hello everyone, i want to share my price prediction at Bitcoin.
The week started with strong sell which activated buyers but i think buyers is not more strong, price tested well 2h FVG and Fibonacci Strong sell zone after New York session open.
Price is into consolidation, and if we look higher timeframe Bitcoin losing buyers with my strategy here is my short position setup.
Open Short position at - 102500
Stop Loss at - 104500
Take profit - i will follow trend if i will be right.
Always manage your risk!!! don't risk more than 2.6% of your balance in this trade.
The week started with strong sell which activated buyers but i think buyers is not more strong, price tested well 2h FVG and Fibonacci Strong sell zone after New York session open.
Price is into consolidation, and if we look higher timeframe Bitcoin losing buyers with my strategy here is my short position setup.
Open Short position at - 102500
Stop Loss at - 104500
Take profit - i will follow trend if i will be right.
Always manage your risk!!! don't risk more than 2.6% of your balance in this trade.
Trade active
Price action yesterday was grate, found buyers and came back to my entry, ill wait to strong selling if it will happen ill add one more position.
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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.