Short đź’Ą Bulls Will Lose Their Houses
Short đź’Ą Bulls will lose their houses
This idea is intentionally similar to our Ethereum idea ("Short đź’Ą End of Bullrun - Bulls Lose Their Life Savings").
We think that BTC will crash and drag down Ethereum, too, in the same setup.
đź”´ KEY POINTS:
- Momentum pushed Price Action to Resistance Line (red line on the chart)
- Double Resistance: Here, the Resistance Line coincides with a Historic Resistance Area from historic tops (red area/zone on the chart)
- Next Support Zone (green area/zone on the chart) is 10k below the actual price
So, our AI thinks that BTC will crash to $31700.
This idea is intentionally similar to our Ethereum idea ("Short đź’Ą End of Bullrun - Bulls Lose Their Life Savings").
We think that BTC will crash and drag down Ethereum, too, in the same setup.
đź”´ KEY POINTS:
- Momentum pushed Price Action to Resistance Line (red line on the chart)
- Double Resistance: Here, the Resistance Line coincides with a Historic Resistance Area from historic tops (red area/zone on the chart)
- Next Support Zone (green area/zone on the chart) is 10k below the actual price
So, our AI thinks that BTC will crash to $31700.
Note
The idea's still valid.The Price respects our resistances.
See our newest RELATED IDEA: "Short 🩸 Blood Bat Drinks Bull Blood"
Transaction en cours
Bitcoin Price Action hit resistance with volume and activated our trade:Side: Short
Pair: BTC/USDT
Target Price: $31 700
Stop Loss: $50 000
Entry Price: $40 000 - $45 000
Leverage: x10
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.