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ShrewdCatfx

Risk/Reward favors downside shift to risk Off Sentiment..

Short
Bitcoin (COINBASE:BTCUSD)  
ShrewdCatfx Updated   
COINBASE:BTCUSD   Bitcoin
Trend Analysis Seasonality Fundamental Analysis bitcoinshort Bitcoin (Cryptocurrency) cryptomarket Cryptocurrency cryptolevels bitcoinusd bitcoinusdt tradingpsyhology fomo
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trendanalysis seasonality fundamental bitcoinshort bitcoin cryptomarket cryptocurrency cryptolevels bitcoinusd bitcoinusdt tradingpsyhology fomo
BTC has reached a crucial point in which candles appear to be failing around 35K. We must consider potential scenarios to begin the new month of November. In One of these scenarios we may anticpate a retracement to capture fomo liquidity. Fomo liquidity is psychological concept in trading that refers to the chasing of price.

New Monthly candle retracement for liquidity purposes.
Current : 34775
33,372 TP 1
TP 2 30,300 Weekly Level
Trade idea Fakeout back below 35K
Trade active
Comment:
Adding positions
Trade active
Comment:
Up 1.4% on BTC
Comment:
snapshot
Correction BTC
Comment:
BTC up 8% in 2 weeks since 1st week novmeber, Bullish Fall
Comment:
BTC up 13% after a month of trading

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