Hello dear friends.
In the previous idea:
"W-TOP WHERE THE PRICE WILL GO"
I described with accuracy from which zones it is worth buying and in what range to work.
Now I will describe in more detail:
FLAT range
19015-19305
In order to be even more specific, you can break it down along the extreme peaks (19300 - 19000),
and you need to be extremely careful, because at 2h TF, you MAY make a false breakdown of the level 19450-19500, and from there, lower the price lower. And I will say that this will be of higher priority than entering a long position.
Since we have a CME margin target area.
and 100% of this margin at around - 18250 BTC / $
You can only open a long position if the price breaks out on the impulse and fixes there, at 4h TF LEVEL - 19550.
Only then long position, to update 19950 - 20275 - 20500
Why did I open a short position from 19200 without waiting for the breakdown of the lower boundary of the channel.
Because for me there are many obvious facts that tell me about the decline.
And several people who trade with me wrote messages that from Karl "the moon"
It is about going up, and that many do not agree with me that we will fall.
Perhaps I am not a wang, but I only trade as the market tells me to.
I expect after December 16, a strong and impulsive price decline.
In the meantime, we are flat.
because we have new targets for CME
we have a big gap in price
18100-19150
We have a triple top (maybe not at these marks), but I hope so, and we have
large imbalance in the market.
Market maker levels - strong ranges: 19275-19430.
AND
18400-18275
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Related publications
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.