AB-Invest

Clear way to sell side liquidity

Short
AB-Invest Updated   
BINANCE:BTCUSDT.P   Bitcoin / TetherUS PERPETUAL CONTRACT
After such a big pump on BTC, we need some kind of pullback into a market. So, we closed above a strong weekly level on 1W chart, we might expect retest of this level. This idea is also supported by massive liquidity at the sell side, which market probably will grab, also we have CME gap on lower side, which market would like to fill, and we have 4H and 1H divergences for potential reverse. So i'm going short on retest after this neckline break on 15m chart.
Comment:
we see some rejection from 48k, it might be a great chance to jump into a short position
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.