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mari_trade
Jan 30, 2023 7:39 AM

BTC: I came, I saw, the short is closed! 

Bitcoin / TetherUSBinance

Description

Hello colleagues!

BTC/USDT

We closed the week with the priority of purchases.
My opinion about the range did not work.
I admit the possibility that we see the distribution before the decline.
The price updated the maximum yesterday, thus the upward movement will continue.
I will now consider the zone of interest for sales at $24,250 - $25,200 (if there is confirmation)


By structures:
the week is ascending, there are zones of undisguised imbalance, the price is trading in the bearish OB zone
daily - ascending, there are also zones of interest
I will consider all options in shorts only when the structure is broken.
Priority within the day remains long positions.
After a local correction, I consider the continuation of growth.

All successful transactions!


❗️Not a financial recommendation, before entering into a particular transaction, conduct an analysis of the asset yourself.

Comment


After a deeper correction (than expected) and a test of the zone of interest formed last week ($22,500), the price reached its previously set targets ($24,250).

I did not open a long trade, the opportunity to enter was missed (unfortunately) 😐
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