Expecting bloodbath in BTC USD if price trades below green trend line on weekly closing basis.
Short - BTC if price closes below trendline. Weekly closing.
Stop Loss - Above Green Candle
Expecting bulls to try and ensure weekly close above the green trendline.
LONG - ONLY IF PRICE CLOSES ABOVE RED LINE - WEEKLY CLOSE
Trade active:
PLEASE NOTE - WEEKLY CLOSING CANDLE BELOW GREEN TREND LINE IS IMPORTANT. WAIT FOR THE FOLLOW UP CANDLE NEXT WEEK.
AVOID PREMATURE ENTRY
AVOID PREMATURE ENTRY
Trade active:
Demand Zone between 10800 to 12050 USD. Small long trade can be initiated.