BTC next move following accurate
BINANCE:BTCUSDT BTC was in falling wedge channel in 4h time frame and breakout/fakeout done.
Its possible to come down upto yellow line for retest if fail to bounce back we consider it as fakeout.
Next possible scenario for month September is DEAD CAT BOUNCE.
In short scalp trade I am in short for sure cause of two reasons retest and weekend movement is forming.
Its possible to come down upto yellow line for retest if fail to bounce back we consider it as fakeout.
Next possible scenario for month September is DEAD CAT BOUNCE.
In short scalp trade I am in short for sure cause of two reasons retest and weekend movement is forming.
Note
In 1h chart 2 Candle confirmed above my support line 48076 targeting 49k -50k as mentionedNote
points to note:-1. Dead cat after death cross
2. September month always red from last 2-3 years
3. RSI bearish diversion - Over bought market
4. No any health retest
5. Low volume
Transaction en cours
Open short now.. TP 43k
SL 54.5
Note
Keep booking profit and keep shortingTransaction en cours
Keep shorting month of September 100% red.Trade fermée: cible de profit atteinte
Exact on marked.Note
Followed accurate 😁
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.
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.