pinkzigzag

Binance lawsuit just adding fuel to fire.

Short
pinkzigzag Updated   
COINBASE:BTCUSD   Bitcoin
BTCUSD - Following on from my last successful idea, we can see level to level there is clear weakness on BTC. Despite the recent news regarding SEC/Binance lawsuit, it was already heading down. Looking for a break of the 25250 s/r level. Hopefully we can get an underside retest where shorts can be loaded up.

Alternatively if bulls show some strength, we could potentially get a break and reclaim of the 25250 level.

For now i'm looking for a move down to 22k level.
Comment:
still in play, would be nice for this to start playing out this weekend.
Trade active:
beautiful, patience pays off and we're finally here! not sure if this counts as the daily retest of 25250 level - but i entered a position at 25200 anyway. Still expecting to touch that level a bit more seriously over the next few days, but if not i'm happy with entry anyway.
Order cancelled:
not fading Blackrock news here. exited shorts. Price has reclaimed level also which goes for the alternative bullish scenario. i think we can start to see prices go much higher now.
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