TradingView
djoffrey
Jun 14, 2021 2:40 AM

BTC still in the zone, don't FOMO Short

Bitcoin / Tether USDHTX

Description

Even with a strong bar breaks 2 ice lines and the trendline, we see BTC still below previous AR top.

BTW, the volume is not enough comparing to those crashes in 5/19 5/24 6/8

Watch out for the upper shadow.

Maybe a backtract ?

Comment

No selling pressure?

But no buying power either, it is a tricky point here.

Stick to the point.

Stoploss: 39650 ( + 250)

Will take another chance to short if reach 40k

Comment

Watch carefully for this 4h bar.

Trade closed manually

The background has changed.

Have to wait for signals.
Comments
ClearOpenDoor
This is shaping up to be a comfy 4-hr candle for shorts :)

(I hope I don't jinx it)
djoffrey
@ClearOpenDoor, Don't worry, just set the TP line at 50%
ClearOpenDoor
@djoffrey, Absolutely. Will take profits the moment it gets there.
More