good afternoon,
been on the sidelines last week or so just observing price action, and allowing the market to show me what it actually wants.
i think i've got a pretty solid case to make from here.
so long as btc stays below 42698.0, a 20% drop is expected
if it breaks above 42698.0, a short squeeze will be triggered, and will invalidate my idea entirely.
i think btc stays flat for the most part, until around sunday evening
on sunday we see 1 final spike up, and this move will be for shorting with a hard stop $1 above $42698.0.
alts might run through the weekend while btc stalls out \ btc.d declines.
downside target sits at 31k before anymore longs can be safely taken.
✌
been on the sidelines last week or so just observing price action, and allowing the market to show me what it actually wants.
i think i've got a pretty solid case to make from here.
so long as btc stays below 42698.0, a 20% drop is expected
if it breaks above 42698.0, a short squeeze will be triggered, and will invalidate my idea entirely.
i think btc stays flat for the most part, until around sunday evening
on sunday we see 1 final spike up, and this move will be for shorting with a hard stop $1 above $42698.0.
alts might run through the weekend while btc stalls out \ btc.d declines.
downside target sits at 31k before anymore longs can be safely taken.
✌
Nota
Btc might skip 31k entirely and drop straight to 20k. I know this is a pretty bold statement, but expect it if it comes.something weird is going to happen in the world within the next 1-2 weeks that is going to cause longs to get mass liquidated.
best of luck!
Nota
Scenario 1 - Scenario 2 -
Trade attivo
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.