Very bearish HTF PA, Bitcoin is unable to retest higher after the dip into 4h demand order block below. Lots of shorts to liquidate but bulls not able to push up price enough. Not expecting it go much higher from this range.
Resting on high timeframe support currently but can see it breaking down soon.
Resting on high timeframe support currently but can see it breaking down soon.
Trade active:
That didn't age well as btc pumped the 3rd largest candle in history lol.
I was flat and entered now as we are breaking 9.2 sup.
I was flat and entered now as we are breaking 9.2 sup.
Trade closed: stop reached:
Exited at 9.6 as I don't believe we will run much higher. But technically this was a looser so setting it up as stopped out.
Note: Quantbot nailed the bottom and did signal it after the initial post, but I didn't have the opportunity to enter at the time *facepalm*
Note: Quantbot nailed the bottom and did signal it after the initial post, but I didn't have the opportunity to enter at the time *facepalm*