I know that suddenly entire crypto community turned bullish, but I've spotted near term bearish setup on Daily. Here's why:
- Shooting star grabbed liquidity above monthly resistance
- Successfully retested monthly level
- Clear SFP setup (thanks Tom Dante)
- Not enough liquidity taken from 5000 order block. Need to dip again
- Overall still in process to resolve long term triangle
Near term bearish
Long term bullish AF
Buy Bitcoin and never look back.
Not financial advise.
- Shooting star grabbed liquidity above monthly resistance
- Successfully retested monthly level
- Clear SFP setup (thanks Tom Dante)
- Not enough liquidity taken from 5000 order block. Need to dip again
- Overall still in process to resolve long term triangle
Near term bearish
Long term bullish AF
Buy Bitcoin and never look back.
Not financial advise.
Trade closed: stop reached
Invalidated, SFP didn't hold. The area of 5K still in the picture.
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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.