BTC will take big hits. Altcoins will take huge hits!
Perfect rejection in my shorting area. Unfortnunately the market did not gave me the last long (from 19k area) but I got some quick scalps in lower TF.
I would add some more shorts if price recovers but I am expecting a price below 20k very soon.
My SL is at 25k
Targer 16K
Good luck and stay healthy
I would add some more shorts if price recovers but I am expecting a price below 20k very soon.
My SL is at 25k
Targer 16K
Good luck and stay healthy
Comment:
Green box reached.
Let's see what happens
If this area (till 14k) holds, I expect 28k in the next coming weeks.
Otherwise downonly
Let's see what happens
If this area (till 14k) holds, I expect 28k in the next coming weeks.
Otherwise downonly
Trade closed: target reached:
hit perfectly green box
closed trade and switched to short
closed trade and switched to short
I would recommend to trade with small sizes for the next coming days.
The volatility will increase. We could also see a push upwards 22k from here to take out some early shorts.
My bias is bearish till we see 16k, then we have to evaluate the economy situation.