ellyn2121

bitcoin consolidation game plan

Short
ellyn2121 Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
looking for shorts once it took the highs, ideally a deviation above this range, leaving the old high from earlier this year in tact, get in the range, leave the range to the downside with haste.
that would be it, after that not sure see from there. Think they are under timely pressure kind of to make the push and dump before this weekly candle closes to have a lower weekly close than previous highest weekly closes. all speculation and will see where it will go but that's my trade plan. will see.
Trade active:
entered a short on acceptance back in the range. need to see lows ran. relcaim of range high or above would be invalidation for me.
Order cancelled:
closed short, no rea acceptance back in to the range. yes its under the high but its not taking lows with speed.
will be back in once this is hit or real acceptance with retest but so far price finding support at the top of the range, prev high at 30.5k
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.