Money Makers!
From what I'm seeing right now on the weekly TF Bitcoin has made a higher high but at the same time, it looks like a false breakout based on the previous candlestick. With that being said the bears are trying to gain temporary control to bring the prices lower to the next support. We all know when Bitcoin corrects, it happens very quickly. If you're looking to short it, I have mapped out the percent you'll gain shorting to the mapped S/R zones.
Love it or hate it, hit that thumbs up and share your thoughts!
It's all about Market structure, Area of value, and Entry Trigger.
Don't trade with what you're not willing to lose. Safe Trading Calculate Your Risk/Reward & Collect!
This is not financial advice.
Simplicity Wins
From what I'm seeing right now on the weekly TF Bitcoin has made a higher high but at the same time, it looks like a false breakout based on the previous candlestick. With that being said the bears are trying to gain temporary control to bring the prices lower to the next support. We all know when Bitcoin corrects, it happens very quickly. If you're looking to short it, I have mapped out the percent you'll gain shorting to the mapped S/R zones.
Love it or hate it, hit that thumbs up and share your thoughts!
It's all about Market structure, Area of value, and Entry Trigger.
Don't trade with what you're not willing to lose. Safe Trading Calculate Your Risk/Reward & Collect!
This is not financial advice.
Simplicity Wins
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.
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.