Long until $9,500 then 25% short opportunity

We can see huge resistance on the EMA 100 and 0.618-0.786 fibo retracement since the 15th of January.
Short opportunity on the EMA 100, probably crossing arround 0.618 fib retracement.

Will update if you like it.

TF 4h.

Comment:

My long was rekt by my stop-limit at 8200 :(

Lesson learn : do not FOMO and buy at 9000 when RSI 5min is overbought because your risk reward will be very bad. I should set my stop-limit at 8000 or below but in this case the risk reward would be bad I should not enter.

Next step, the short :
I now waiting for the 4H TF BTC reaching my short zone.

Patience..

Comment:

1H TF : the EMA 100 could be test again and break testing the EMA200. This could be our short zone. Below EM 200 on the 1H TF and near EMA 100 on 4H TF.
10000 is a Nice psycho number for the short what do you think ?

Comment:

Still waiting for the amazing short opportunity... :)

Comment:

It seems we arrive to our target to enter in the short. Don't forget your stop-loss :)

Trade closed manually