My last call was a short trend from $63K to $57K that is approaching. Here is my update and this is going to be my BTC plan for the next week. The ideal buy zone is on the chart. If you have any questions regarding the chart, feel free to comment.
Check out the support and resistance of Ichimoku cloud on 1h chart - this is why this indicator is really powerful to have on the chart. Priority right now is downside, unless we manage to break through the cloud and trade above. Be ready for potential fake out upside. I'm not in any trades on BTC at the moment - it seems to risky. But I did sell a big chunk on...
After hitting resistance in the previous high, price movements in ADABTC slowed down and fizzled down below 1000 sats. After hitting 991 sat, it bounced off only to hit 991 two more times. 3 times it bounced off of 991 sats, and the lows are gradually getting higher. If the price can remain above the green dotted line, it may gain enough momentum to attempt...
SHORT STOP LIMIT: 13270-13200. STOP LOSS: 13420 TAKE-PROFIT: 12750 . 12177. 11888. 11600. BIG SHORT YES.