decklyndubs

Breakout will be tested, but I suspect failure

Short
decklyndubs Mis à jour   
BINANCE:BTCUSDT   Bitcoin / TetherUS
I think btc will probably have a few periods of dramatic price action soon - big peaks up - but I suspect we will ultimately see this fail.
Can see the area I'm watching as a consolidation zone. I suspect the sellers will drop off, and some rally may fire, but will fail.
The chart squiggle predictions drawn show more of an average but I think you'll see at least one huge blast up, probably a few.

Anything could happen, and bitcoin is an especially wild beast, so treat this as an idea only.
Commentaire:
How to trade it:
I'll be looking to short peaks in this zone.
I'll short each peak, take 75% profit, let the rest run.
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.