#BTC shows an uptrend. but we have a possible correction
BTC shows an uptrend, as well as a bull pennant.
We also have two price futures gaps.
I look forward to a possible breakdown and lower prices.
On this risk open shorts.
we have a strong consolidation at the level of 9450-9650, if we fix above the price will go to 9800 and maybe 10400.
Opening parts 9380 - 9580
Stop 9780
Target 9100 - 8610
After the first take stop, take an open .
This is just my opinion, and is not a call to action)
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We also have two price futures gaps.
I look forward to a possible breakdown and lower prices.
On this risk open shorts.
we have a strong consolidation at the level of 9450-9650, if we fix above the price will go to 9800 and maybe 10400.
Opening parts 9380 - 9580
Stop 9780
Target 9100 - 8610
After the first take stop, take an open .
This is just my opinion, and is not a call to action)
Looks good? Leave a like, share and leave a comment.
Thanks for visiting.
Trade active:
as expected, the asset went up, where I opened a short position.
We see the reaction of the seller and the rate has already corrected by 4%
Now there is a flat state.
Where we have 2 options, continue the upward movement to the level of 9500-9600 and go below. or breaking and fixing above it, then we will see the price of 9800.
I’m still waiting for the price at the level of 9200-9100 where I will fix part of the position again, and I will look further, because a rebound is possible.
So far, the position is in breakeven.
Today is closing a month, and perhaps in the next we are waiting for a big absorption.
If it does not happen from the first days, then the price will be higher.
Also yesterday we had a good long squeeze, where I managed to fix part of the position on the Bitmex exchange, where I trade
We see the reaction of the seller and the rate has already corrected by 4%
Now there is a flat state.
Where we have 2 options, continue the upward movement to the level of 9500-9600 and go below. or breaking and fixing above it, then we will see the price of 9800.
I’m still waiting for the price at the level of 9200-9100 where I will fix part of the position again, and I will look further, because a rebound is possible.
So far, the position is in breakeven.
Today is closing a month, and perhaps in the next we are waiting for a big absorption.
If it does not happen from the first days, then the price will be higher.
Also yesterday we had a good long squeeze, where I managed to fix part of the position on the Bitmex exchange, where I trade
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