pangreen12

BTC after huge upsite move need to steady out!

pangreen12 Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
Yesterday Idea went good , though short position
as i said was risky and got stoplosed at entry,
though longs are blowing up insame profit.
We are now moving in high resistance,
On higher Tf we are extremely bullish
while on lower we are looking kinda bearish ,
we might get spike soon like 600 dolars
15m candle for 800 dolars. I dont know if it is good
to short here but its friday, not much will happen
tomorow or sunday soo, shorts here are safe.
In my opinion we need to steady trend after night huge rise, soo we will stay at 45k-46k some time
Comment:
46800 it might be that spike
Comment:
46900-47200 big short liqudation cloud it can work as good resistance
Comment:
I am ipressed of buying momentum every single candle is bullish af , if the bears want to gain any momentum from here they need to do something fast because soo far it is just straight line upsite
Comment:
i hate structures like that, because its just rn gambling it could be today 50k or 40k on such market condition i wouldnt be supprised, its better to stay out of market wait for correction or any other specific movement , because longing here is pointless because it could be in sudden 40k and shorting here is pointless too because it could be still rising like that
Comment:
just expect today big candles on each site because move without any correction always brings a lot volatile
Comment:
1 s candle for 500 dolars
Comment:
i am trading for like 10 years already and i am still impressed sometimes
Comment:
as i said we had today a lot of strange moves right now we are getting down but at least it looks like it is just temporary, maybe tomorow will be better day for trading
Comment:
glad that i stay today out of market
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.