ArShevelev

Bitcoin Update | Important Hint

ArShevelev Updated   
BITMEX:XBTUSD.P   Bitcoin
A few more things which I found on the chart, while comparing to the bottom of 3100-4200.
Right now looks like we got similar structure with key level of resistance at 7800-7600. So keep your eye on the breakout from it.
Similar to 2018-2019 bottom we have a concentration of Bearish Candlesticks at circle area.

I will keep adding to long position in next liquidity zones:
Liquidity zones on the levels
7400-7300
7100-7000
6800-6700

Keep you position size, leverage and liquidation levels in safe areas. It is a high volatility zone!

Overall market sentiments should go highly bearish in this range, so be sure your emotions are under control.

Stay safe and profitable.

Questions — @arshevelev
Trade active
Trade active:
Local view of the situation you can see in the idea —
Comment:
Shorts get rekt, longs get rekt. Don't trade without breakout.
Trade active:
How I see price direction in next week According to level structure there is a good supports at 6800 and 7000. Let's follow up it
Trade active:
Broke first liquidity zone and now going to second at $ 7000
Trade active:
Today possible short-term sideways to 7300 resistance level..
Trade active:
Bitcoin Update | Price Following the scenario.

Price surged from 7600 resistance zone. Now we are near 7000$ zone, take partial profits here. I would not short this area more. I am waiting gray area of 6800 to get in swing-long trade.
Trade active:
Look at fresh update
Trade closed: target reached

🔵 🟡 𝗙𝗥𝗘𝗘 & 𝗣𝗥𝗘𝗠𝗜𝗨𝗠 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀: t.me/+5hlxWmhHaKplN2Rk

Enjoying the content? Here's a free way to show your support!
Sign Up and get Special Bonuses:
🔵 toobit.com/t/ArShevelev 🔵
🟡 bybit.com/b/ArShevelev 🟡
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.