harisonhbn9718

Bitcoin into this bearish flag; How to trade this charist?

COINBASE:BTCUSD   Bitcoin
So, in this analysis, we see in H4 that Bitcoin it's still in range, but maybe we could see any manipulation zone that we can't to entry in short position. Beware of the market trap and hunters manipulation if you short Bitcoin, until Bitcoin doesn't break down the $17,900 USD, I can't to shorting Bitcoin, but in that case if Bitcoin make successful to break down the $17,900 USD. We can to trade it. At the moment, the market is lateral, and to trade it, we would need to know how the manipulation occur.

So, the most important it's to take any plan to be prepared, so, I following the trend on Bitcoin and it's bullish. So, in case that Bitcoin break up the $19,500 USD approximately, we can to entry in long position in that position.

So, the most inteligent it's to awaiting that Bitcoin goes to the $17,900 USD to open up a long position or still consolidate in this range!!!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.