Bitcoin – short setup!
Hello, everyone!
Yesterday the price closed below the uptrend key fractal level, thus the uptrend is over. Now we have to keep the eyes on the downtrend key fractal level, which protects the downtrend.
Let’s take a look at the 4h timeframe of BTCUSDT chart of the WhiteBit exchange. Here we can see the clear short setup. The price is testing the previous level of support. Even if the price will break through the ex uptrend key fractal level, the supply zone and the downtrend key fractal level are the unbreakable levels for now. We can set the stop-loss just above it to take the bearish move to $16-17k which I predicted earlier.
Good luck!
Yesterday the price closed below the uptrend key fractal level, thus the uptrend is over. Now we have to keep the eyes on the downtrend key fractal level, which protects the downtrend.
Let’s take a look at the 4h timeframe of BTCUSDT chart of the WhiteBit exchange. Here we can see the clear short setup. The price is testing the previous level of support. Even if the price will break through the ex uptrend key fractal level, the supply zone and the downtrend key fractal level are the unbreakable levels for now. We can set the stop-loss just above it to take the bearish move to $16-17k which I predicted earlier.
Good luck!
Get access to private PineScript strategies and turn script alerts into orders at your exchange account with easy-to-set up bots
Get free alert bot:
skyrexio.com
Get free alert bot:
skyrexio.com
Bài đăng liên quan
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.