Now.. We came very close to the resistance line of descending channel. Until a few hours ago, the uptrend scenario was more likely to happen. But now the situation is different We are waiting to see what happens to react appropriately.
Note
There isn't any upward momentum till now.. Volume is low BTC has broken down its uptrend on 15min chart. Currently the downtrend is more likely.
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Looking for short entry...
Trade active
I opened a short position cuz of shooting star.
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Short position entry price 0.00083 Set SL on at the high of shooting star candle 0.00084. Good Risk/Reward
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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.