8-9 % drop in BTCUSD Short

Bitcoin / United States DollarCoinbase

Description

⋅ Feb 1, 2023 12:26 AM

Price dropped bellow the support line of 22800 (validated by vol profile) , and now retest the resistant black line, Expected to drop to 21200-21300.

Comment

⋅ Feb 13, 2023 5:59 PM

OK, We are getting close. to the target.
I would take a long position NOW with TP of 32000$(

Comments

MrPipa

⋅ Feb 13, 2023 10:30 PM

Too soon imo, needs more time to play out. Side note i see deeper

MrPipa

⋅ Feb 13, 2023 10:30 PM

@MrPipa good luck

Mcenzy

⋅ Feb 14, 2023 12:06 AM

@MrPipa, Could go until 19800. I do average down though.

MrPipa

⋅ Feb 14, 2023 12:27 AM

There is an inverted cup and handle.. tomorrow is CPI at 8:30 am EST, so like the past expect volatility.

I’m thinking 19600 is possible. I’m short from 23.2 but that’s my view anyways.

Mcenzy

⋅ Feb 14, 2023 12:28 AM

@MrPipa, Agreed.