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AleksDu
Sep 25, 2020 7:30 PM

BTC wait for a drop to 9900 Short

Bitcoin / TetherUS PERPETUAL CONTRACTBinance

Description

Friends, hello everyone.
Since the previous idea for BTC, we have formed a new situation on which I decided to review.
Globally, we are trading at the falling wedge and most importantly, below the trend line.
Which tells us that our priority is the short position.
Inside the wedge, we have formed a local descending channel, all figures give us a signal that we should continue to grow, on the 1d timeframe there is bullish engulfing on a sufficiently large volume. But if you look at computer analysis and other indicators, they speak of a different situation. Therefore, I still think that before the growth, we still go down again where there will be a good point to enter the long position.
Once again I will write so that no questions are asked in a personal.
While we are trading below the downtrend line, we are looking for a point to enter the short.
Briefly about the situation, now I expect a decline to 9900, after which the growth will continue.
Cancellation of the scenario will be a breakdown and consolidation above the level of the global trend line.
Who trades with me we insure ourselves with stops.
Comments
nabil92nar
why it is not dropping. i think the Fuckin 5 Cryto exchanges are not letting go there trap for Bulls to come in.
NancyBabineauxx
great
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