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jackrabbitrage

BTC 1H short-trading idea

Short
Bitcoin (INDEX:BTCUSD)  
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INDEX:BTCUSD   Bitcoin
Elliott Wave bullishdragon
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8
elliottwaves bullishdragon

BTC may be climbing up along the steep trendline.
Watch aqua color, yellow and green lines, plus the bottom line of the rising wedge (red).
These are the supports.
Based on the Elliott-wave scenario of the related ideas.

Consider another short entry if the support lines are broken.
Commento:
Yellow resistance has finally been broken.
Please take a look at a new idea below.
Because of the IHS structure, shallow SLs would be recommended.

Where is the top of the inverse H &S -like structure?

Idee correlate

jackrabbitrage
Watch 17200 and 17600
jackrabbitrage
Examining pennant & flat correction possibility (revised)
jackrabbitrage
Examining pennant & flat correction possibility
jackrabbitrage
BTC in compression
jackrabbitrage
Where is the top of the inverse H &S -like structure?
jackrabbitrage
Bearish Speculation: Short from here, or 17600? (Clean version)
jackrabbitrage
Bearish Speculation: Short from here, or from 17600?
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