b_chain

BTC probably to test once again 11000

b_chain Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
I've closed my short (from 10470), changed my mind for a while: looks like more likely we try to test 10900-11000 and then I will think again about short. Although it looks like we are now in rising wedge that may follow by a move down to 9900-10200 once again... On another hand we may have a Reverse H&S pattern. I vote for the last one for now. But who knows?
Comment:
ups, not a rising wedge but rising parallel channel
Comment:
I am starting to think that the more obvious the pattern is, the more likely that the market will behave in opposite way ) . Looks like market makers decided to move down BTC for a while... I still hold my long (marginal tokenized position in LBTC_20190913 traded at DDEX.IO) taken at averaged $10260... but already with less optimism :)))
Trade closed manually
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.