BitcoinShort
[BTC] Bitcoin Short Setup Triggered
As a very opptimistic on the Crypto Assets (and even more on BTC), I am not really into short on those assets, but here we have a short opportunity for a corrective move (still very strong bullish on the long term for me regarding technical and fundamental aspects).
About the setup we have here :
On the daily timeframe we can see a very extended price and then a clear rejection of the $38.000 round level with a great fake-out and absorption of the price by the sellers. So what we are looking at can probably be a stop hunting to fill into the liquidity and move the price lower now (by the big hands).
This is not a short trade signal mainly but can also be a warning for the long positions to exit a little part by taking some profits (we will have other levels to enter for more long).
Great Trade !
About the setup we have here :
On the daily timeframe we can see a very extended price and then a clear rejection of the $38.000 round level with a great fake-out and absorption of the price by the sellers. So what we are looking at can probably be a stop hunting to fill into the liquidity and move the price lower now (by the big hands).
This is not a short trade signal mainly but can also be a warning for the long positions to exit a little part by taking some profits (we will have other levels to enter for more long).
Great Trade !
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.