Time to short bitcoin before a massive dump
- Weakness so clear to break 40k.
- Will visit 33k first or below before any upside move.
- Not able to break EMA 100 after testing on 4hr time frame.
- Downtrend still valid since 69k peak.
- lower highs & higher lows ( 4hr - 1D timeframes)
- Stock market is not good and crypto will follow.
- Fear & greed index went slightly higher since last massive dump to go down again.
- Therefore, ready for a big short.
short:✅ 38.5k - 37.7k ✅
🎯TARGETS:
1- 36,700
2- 35,800
3- 33,000
💵 Leverage: 3x - 5x
🚫Invalidation(SL): 39,480
- Will visit 33k first or below before any upside move.
- Not able to break EMA 100 after testing on 4hr time frame.
- Downtrend still valid since 69k peak.
- lower highs & higher lows ( 4hr - 1D timeframes)
- Stock market is not good and crypto will follow.
- Fear & greed index went slightly higher since last massive dump to go down again.
- Therefore, ready for a big short.
short:✅ 38.5k - 37.7k ✅
🎯TARGETS:
1- 36,700
2- 35,800
3- 33,000
💵 Leverage: 3x - 5x
🚫Invalidation(SL): 39,480
Note
sl: close above 42k
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.
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.