Hello traders.
Weekend is here and I'm back at looking at the market for possible plays. Seems like we have a possible double top forming on Bitcoin, I will be looking for price to go below 20700 level to have more probability to the downside.
Weekend is here and I'm back at looking at the market for possible plays. Seems like we have a possible double top forming on Bitcoin, I will be looking for price to go below 20700 level to have more probability to the downside.
Trade active:
Price is breaking 20700 level as this very moment. Entered with 50% of intended trade size @ 20698 SL 20933.5
Comment:
on the 5 min chart a retest to 20700 area picked up another 50% of intended trade size, trade is 100% in now we wait, I will take profits when the market shows it has enough, although I intend to hold if it breaks 20k to the downside.
Comment:
Price retests 20700 levels again, traders who are late or want less agressive approach could enter here when lower timeframes show weakness