Bitcoin
Short

9H BTCUSD Short opportunity, 8H Heffae Cloud interaction

Updated
Trade pending on interaction with Real-Time support and resistance.
Price is about to interact with 8H cloud, which has shown positive correlation with price until being violated recently.
Stops 7850
TakeProfit 6500
Open hedge until next interactions
Note
Support Zones on 4H:
snapshot
Note
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Trade active
Note
One takeprofit signal, hit bottom of 8h cloud path. Also hitting support on this pattern. Personally, I think it will go deeper. Closing takeprofit amount

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Trade closed: target reached
Short target reached on 4Hr cloud resistance. 8Hr shows possible green candle incoming for a dead-cat bounce.

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Bitcoin (Cryptocurrency)BTCUSDCryptocurrencyheffaecloudsTechnical IndicatorsTrend Analysis

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