UnknownUnicorn13204076

Short again 27500

Short
BINANCE:BTCUSDT   Bitcoin / TetherUS
Short: 27500
Targets: 27000-26500-26000-25000
Stop loss 27750
And and read my last comment, which I wrote about the false price breakout .....

in This Trading Idea
4 trading days:minus 890pips, profit 4070 pips BTC/USDT


The growth was at low volumes, which means that potentially the last growth was false.

At the peak of the market at 4 hours, there was a long wick up + maximum volume. Now there is a rollback.

My expectation of price movement:

From 27,500 - 28,200, a pullback down to 25,000. And possibly lower, through a strong strait. After the strait further up, the only question is where it will end.

Now the cue ball's weakness is visible in terms of volume.
Comment:
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.