- Reached weekly resistance
- Expecting pullback
- Shouldn't break 6K on first go
- Three drives pattern with bearish divergence on the daily
- Hesitant on stop
- biggest problem is the large amount of short currently in Bitfinex longs vs short ratio ( not displayed)
close 75% at target 1
25% on second TP
not actually taking this as i would rather see a break on 5500 for a short entry just trying to call a top here
- Expecting pullback
- Shouldn't break 6K on first go
- Three drives pattern with bearish divergence on the daily
- Hesitant on stop
- biggest problem is the large amount of short currently in Bitfinex longs vs short ratio ( not displayed)
close 75% at target 1
25% on second TP
not actually taking this as i would rather see a break on 5500 for a short entry just trying to call a top here