I know that suddenly entire crypto community turned bullish, but I've spotted near term bearish setup on Daily. Here's why:
- Shooting star grabbed liquidity above monthly resistance
- Successfully retested monthly level
- Clear SFP setup (thanks Tom Dante)
- Not enough liquidity taken from 5000 order block. Need to dip again
- Overall still in process to resolve long term triangle
Near term bearish
Long term bullish AF
Buy Bitcoin and never look back.
Not financial advise.
- Shooting star grabbed liquidity above monthly resistance
- Successfully retested monthly level
- Clear SFP setup (thanks Tom Dante)
- Not enough liquidity taken from 5000 order block. Need to dip again
- Overall still in process to resolve long term triangle
Near term bearish
Long term bullish AF
Buy Bitcoin and never look back.
Not financial advise.
Trade closed: stop reached:
Invalidated, SFP didn't hold. The area of 5K still in the picture.