BTC has potentially formed a top, as mentioned in my previous article, where I discussed the psychological significance of the $100k mark and how the market might react around it.
The market appears uncertain at this level, and if the $92,500 support breaks, we could see a sharp move toward the $79,500 region. Key levels to watch are $73,000 and $53,000.
I am currently short at $100,200, with a trailing stop set at $97,500.
The market appears uncertain at this level, and if the $92,500 support breaks, we could see a sharp move toward the $79,500 region. Key levels to watch are $73,000 and $53,000.
I am currently short at $100,200, with a trailing stop set at $97,500.
Trade active
still holding to the shorts with trailing moved from 97,500 to 96,000. Unrealised profit of 6930$ and trailing will be 4200$ Do what others don’t know, and don’t do what others know.
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.
Do what others don’t know, and don’t do what others know.
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.