Bad daily close brings out short opportunities for BITMEX:XBTUSD.P by Tilt-a-lot — TradingView

Support and Resistance BTCUSD BTC XBTUSD

supportandresistance btcusd btc xbtusd

Daily closed below a must hold level for bullish continuation
Doesn't look good, I'll short a test of said level and target the lower part of the trading range and below

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Nice thing to wake up to, fully filled and had a nice rejection

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Played out perfectly
If the daily closes below the White box at around $9,000, I expect a full breakdown of the range and a test of the $8,200 level

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On the meantime taking profit targets and a cheeky hedge long (Not filled)

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yep

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Currently with longs on BTC and a small short in ETH
Check out my big timeframe idea on BTC

BTC - The big picture

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