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cryptoject
May 13, 2022 10:12 PM

Bitcoin Short Couldn't be more obvious - 5 to 1 trade  Short

Bitcoin Perpetual FuturesFTX

Description

With the aggressive downside move this week, buyers trying to take back control of market, but bears are not finished. I think bear market is upon us as weekly structure has been taken out for BTC .

PA is without question trending down with price below the 4H 50 EMA , and consistent lower lows, lower highs.

Good time to sit back and wait for the next short opportunity with PA destined to head back down.

Trade setup
SL: 32670
TP1: 23425
TP2: 20885
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