The combination of a hanging man candle on the weekly, several resistance levels nearby and 3 waves up finalized this looks like a high R/R opportunity to short $btc.
Stoploss: $7.700 usd
Takeprofit: 50% at $7.000 and 50% at 6.650$
Stoploss: $7.700 usd
Takeprofit: 50% at $7.000 and 50% at 6.650$
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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.