A strategy based on volume and liquidation price and past bearish orderblock. I cannot explain all these contexts because my english is bad.
Trade active:
My order got filled. Before I start this trade, I paid attention to May 16th's 8200~7900 bearish engulfing candlesticks. If June 12's daily close (in UTC time) is below 8200 region, My entry's context is not intact.
+) I know that many people are going to take a long trade about 7k support. But to me, If BTC prices falls to that region(7000~6900) it seems more like a head and shoulder pattern in daily timeframe. (will be a bearish sign)
+) I know that many people are going to take a long trade about 7k support. But to me, If BTC prices falls to that region(7000~6900) it seems more like a head and shoulder pattern in daily timeframe. (will be a bearish sign)