stannieb

Major correction coming soon for Bitcoin?

Short
stannieb Mis à jour   
BINANCE:BTCUSDT   Bitcoin / TetherUS
We see that Bitcoin is trading in a range since ~ 8 January.

What is this chart showing?
- There was a shift in Market Structure at the 10th off January
- After this shift we saw the Lower-Low
- I see Equal high's, those should get hunted (imo)

(My) Conclusion:

I placed my short order at 50% of the orderblock (blue). I think this could be a major turning point for Bitcoin. Price could easy visit $25000 region (FVG). Price could also drop lower to test broken levels that are (STILL!) untested.

Thank you for checking my analysis!
Do you have tips or other comments? Tell me please! I'm open for feedback!
Commentaire:
I think price is heading towards the entry zone. Chart showed another Shift in market structure.
Feel free to give me some feedback or tips!

Transaction en cours:
It took some time, but the orders are filled!
Trade fermée: ordre d’arrêt atteint:
Stoploss hit

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