JedTrades

JedTrades

Divergence, supply turned demand

JedTrades

BTC got rejected at the 4 hour kijun, makes me think that we are going to head lower. The blue lines are the highs that need to be broken in order for there to be a break in the bearish market structure. Only once these lines are broken can we consider going long. Cheers.

JedTrades

I am only going to be CONSIDERING longs after we get a decisive close above 4423. This will mean a higher high has been made. Trade the trend. Not against it.

JedTrades

Declining volume on the past week of the upmove. Target set at an area of liquidity. Taking this trade only if support breaks. TIght stop because shorts are at all time high and could be due for a squeeze.

JedTrades

Shorting bitcoin at the break of this support level at 3930, targeting 3600. Break of 3600 means we are going below 3000. Have a good weekend folks