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Wavema
Jul 11, 2019 8:43 AM

BTC 11th july Short

Bitcoin / TetherUSBinance

Description

1D: what a drop !!!
It's sitting on a nice support. But there is under another nice support under 10 900
2h: nice double top pattern
Only red vol candle. Just one weak green candle. It's not enough. I wait a nice green candle to think "reversal".

Plan of the day: think bear. And let's hunt patterns again.

10 900 would be the ultimate target for now. There is too much sell pressure to be stopped like that at 11.3k.

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Some green appear on vol candle !

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Ascending triangle !

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Yes :)
There is an uptrend chanel

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4H chart: it seems it's in a new uptrend chanel. Leading to 14k. Look at the candle: all seems OK for a reversal. Unless the bottom of the chanel won't hold

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Chart ready

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It's cute !!! I like this pattern

Trade active

All is OK

Trade closed manually

I closed the trade at the resistance. 1% trade today

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There is a lot of trend wall. how to trade that stuff ???
1HAcuzrdpC55bLW4iCmj6Zbe9vdubUwwYF

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Trade active

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I closed the trade.
And opened a short
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