Scalping scenario on BTC
Updated
looks like this break out is a fake out, but BTC on the critical level. People on the market looks like fear for the btc drop, the best way is stay a side from the market.
But if you want to trade, this probably the scenario could be happen on the BTC, before the weekly market close, BTC need to close above 26K to stay clear that the bull still exist.
Since the monday will be a holiday on US Market probably the volatility not as big as before.
it's would see like BTC want to break down once again, but looks like it would not be happen this time. Cause the sell off looks so exhausted and BTC lvl now is in the buy zone.
advice put SL in the thight level for you how want to short or long, and when is already profit put the SL on the profit level.
But if you want to trade, this probably the scenario could be happen on the BTC, before the weekly market close, BTC need to close above 26K to stay clear that the bull still exist.
Since the monday will be a holiday on US Market probably the volatility not as big as before.
it's would see like BTC want to break down once again, but looks like it would not be happen this time. Cause the sell off looks so exhausted and BTC lvl now is in the buy zone.
advice put SL in the thight level for you how want to short or long, and when is already profit put the SL on the profit level.
Trade closed: target reached
well perfect like the prediction, now we wait for the confirmation breakout to make BTC going more higher at 27.4K to breakout the falling wedge pattern ^_^.
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