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pangreen12
Feb 11, 2024 9:34 AM

BTC idea for today 11.02 Short

Bitcoin / TetherUSBinance

Description

For tooday i expect high volatile maybe we could expect correction,
I think we could get some red candles soon,
momentum of bulls is lower than before,
and correction is needed to take out some longs
I am shorting here.

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according to plan 48k now

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looks like scam pump from 48k to 48200 we will go down more

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here comes the dump once again , monitoring situation

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it would be pretty cool if we slip down to 47 900 in next 30 min it would confirm that we are supper bearish

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it didnt close under 48k but still it should be good probably more downside coming

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47900 now , still no demand

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again btc found support at 48k we could be raging here for another few houers

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again testing 48k , again would be cool if in next 30min we will see bigger move

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one more testing this time need to break support at 48k

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yeah another bounce from support,lets see what happen next

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still higher time frames are showing signs of weakness soo i wouldnt be longing here, but lets see how the price will react now

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we are bouncing from 48k to 48 500 as i see thats because there is 0 liqudity on that area, there is also low liqudity upsite up to 52k soo that means in near future we need to visit this place too, but in next days i hope we will take liqudity from botom ( longs) If you have shorts good placed and stoplose at good area everything should be fine

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low liqudity means nor short nor longs positions are massively liqudated thats create an area that there is no movement at all , thats why price can stay here long time

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btc again at 48 000- 48100 zone

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and another bounce this time one 1min candle for 300 xD

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ehh just leaving my short here, still looks bearish af in higher tf and will be AFK for some time it depends if something will happen today

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another 48k test

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if we will go down it will be sudden 30min candle -500 or something like that i wont believe that we will go down slowly

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again seems to 48k support will hold , current price : 44100
Comments
MyCryptoParadise_Nathan
Your anticipation of a significant move downwards provides a concrete scenario for traders following BTC.
wiiwin
48k
Solana2DMoon
lol happy liquidation
pangreen12
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