KarmanDeLange

BTC Short, Range play

Short
BYBIT:BTCUSD.P   BTCUSD Perpetual Contract
Price just hit 200wma. and rejected (so far). If price deviates back into the range (get below 24500 with conviction), short till bottom of range, Highly unlikely going to make many stops, But make sure to pay your self on the way down



NFA.. Line on chart Etc Etc
Comment:
Starting to lean into this. not convinced yet. would like to see retest of 24500
Trade active:
STarting to DCA in.. PPI came out hot, so risk off assets should go down. slow and steady into this one.. alot of time
Comment:
bulls are stubborn... lol. still think valid trade
Comment:
Should get retest of 24.2-24.6 . if get rejection.. i'm full in.
Comment:
Eventually getting retest. if FOMC dump, all in
Comment:
Bulls are persistent.. lol. but 1h trend line got bearish retest lets see if this time bears can step in todo there job
Comment:
if anyone following this plan.. just lock in some profit.. there good chance that might pump into PCE tommorrow. something tells me one more scam pump is on the cards
Comment:
Last change for bulls to get price up.. need reclaim that weekly S/R

Comment:
so far so good.. see if bulls gonna buy the dip, or there be another lfush down
Trade closed manually

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