Sharing a short setup idea

Short

BTC / Tether PERPETUAL FUTURES (MEXC:BTCUSDT.P)

MEXC:BTCUSDT.P BTC / Tether PERPETUAL FUTURES

Trend Analysis Wave Analysis BTCUSDT BTCUSD btcusdanalysis btctrading btctrade

trendanalysis waveanalysis btcusdt btcusd btcusdanalysis btctrading btctrade

As you see in my previous idea the liquidity grab above 48,2k played out as shown on that chart. For a late short entry I am looking at shorting between 43,9k and 48,2k as I am seeing one more run up to these levels before a major crash, first Take Profit level will be below 24,7k

Not trading advice
Happy Trading

Related Ideas

about BTCUSDT.P

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.