I see some untested levels that i expect to test. I see 8k/9k still as possible. This would still be a Higher Low
I'm going to short btc because of the following reasons: - there is a lot of euphoria. - a lot of stoplosses to hunt. - lots of liquidations (if this move comes true) And a main reason is: The $12.000 resistance that's broken, is never tested in this rally to the upside. So i expect we'll see AT LEAST this level. From there, price might go lower. But that...
I just shorted btc here while most people are bullish af :)
Price might reach the 14.4K region. This inline with the fib extensions.
I placed my short orders at $1918. This is going to be the test of the deviation from the range. According the range-theory ( as far as i know ). The targets i'm aiming for are: - Mid range --> TP1 - Range low --> TP2 Does this makes sense? Or am i wrong? I'm open for negative AND positive feedback ! Let me know!
before dollar goes to range high, it's probably first meeting the range low @ 93.33
short after deviation @ range high. - TP1 --> Mid range - TP2 --> Range-low
Range-high should provide a short entry after the deviation
short trade if we see a fake out towards the orderblock. Open short when the price comes back into the range Let me know what you think about this!
set-up is valid when we CLOSE back in the range! - TP1 --> mid range - TP2 --> top range
Currently i see a unconfirmed deviation from the range. If price can close back in the range, i will open a short at the range high TP1 - Mid range TP2 - Range low If price drops further than range low: TP3 - 10280 region
Long trade BTC Entry @ range low after we have seen the daviation.