Mediocrely_Neophyte

BTC day trade short

Short
BITSTAMP:BTCUSD   Bitcoin
Keeping it simple again.
3 drives to the upwards accompanied by 3 lower highs on the RSI on the 1, 2, 3, and 4 hour charts.
If we make a 4th high push with another lower high on the RSI, I would accept the loss and open another position.

SL at highs from May 2021. If we break that it could mean full bull action.
TP1&2 at previous levels of support, other highlighted areas could be into play if TP2 hits, but that would mean market would have to be in a week-month long correction.
Let the market come to you
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.