drich876

Simple idea I had for BTC Final drop ▼

Short
drich876 Updated   
COINBASE:BTCUSD   Bitcoin
I saw a large area of inefficient pricing just waiting to be filled.
Price fell lower to a demand zone and then came up to fill the area.. My assumption is that price is now ready to go lower.
Comment:
Fib level...future demand area..

Trade active:
Comment: Not seeing Much Bullish pressure returning..ow that NEW MOON has occurred.

Comment:
The perfect entry would have been to wait on the Daily candle to hit the EMA and enter the Sell.
now looking for an re entry on the 4 Hr chart


Comment:
profit

Comment:
Trying to capitalize on each pull back.

Comment:
got greedy and refused to see the retracement happening after the recent New Moon
Comment:
doe e continue the major trend down after the March 18 FUll Moon?

Comment:
everyone says its time for Crypot to be bullish... but price hasnt left my sell area yet..
is this another sell opportunity..

Trade closed: stop reached:
Got as much out of it as i could. Next week i will see if the bullish pressure continues.

Comment:
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