alientrader44

BTC possible DOUBLE TOP

Short
alientrader44 Aggiornato   
BYBIT:BTCUSD.P   BTCUSD Perpetual Contract
Hello traders.
Weekend is here and I'm back at looking at the market for possible plays. Seems like we have a possible double top forming on Bitcoin, I will be looking for price to go below 20700 level to have more probability to the downside.
Trade attivo:
Price is breaking 20700 level as this very moment. Entered with 50% of intended trade size @ 20698 SL 20933.5
Commento:
on the 5 min chart a retest to 20700 area picked up another 50% of intended trade size, trade is 100% in now we wait, I will take profits when the market shows it has enough, although I intend to hold if it breaks 20k to the downside.
Commento:
Price retests 20700 levels again, traders who are late or want less agressive approach could enter here when lower timeframes show weakness
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