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TraderBBBBB
Feb 21, 2023 11:46 PM

Swing BTC daily 1D timeframe ₿ Short

Bitcoin / TetherUSBinance

Description

BTC is in sideway from Feb 16th. We can see red high volume at zone 24785, but today I'm seeing the daily red candle close in valuable range so my plan is going to short it.

My plan is really simple. Price can move down to zone 22884 or 21405

22884 is really a strong support for now.
21405 zone will be the next support for BTC if buyers at 22884 zone could not protect their positions.

Let see how BTC goes :)

Happy trading guys :) B

Trade active

I closed 80% profit at 23000, but I still hold 20% left for next target 2 🎯

Trade active

Because it's a swing trade so I decided to move SL BE

Trade active

BTC still in sideway zone. Keep being calm. Next target is 22300

Trade closed: target reached

Tp2 Closed at 22200 :)
Comments
JoeChampion
Nice idea buddy!
TraderBBBBB
@JoeChampion, thank you
RedMegaMan
What is that white indicator
TraderBBBBB
@panunen, It's volumeprofile
RedMegaMan
@TraderBBBBB, I mean the other, for some reason it doesn't show now, but when press play it comes visible again, some sort of HTF ema / reverse engineered RSI on chart ?
TraderBBBBB
@panunen, you mean indicator from sub-chart? If I correct then it's ATR which helps you find you should set SL in timeframes chart you choose
owenNations
great idea. just did one somewhat similar myself
TraderBBBBB
@owenNations, Thank you :)
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