Possible for Scalp Short and Swing Long Setups. BTC got support from 24800 which is a Key HTF SR Flipped level. Now to strengthen its journey towards late 20s, it must retest last resistance successfully.
So as you see on 4H there's CHoCH so I created first POINT OF INTEREST { POI } for long and now waiting for Mitigation so I placed an order for long! But then we saw a rejection on 16FEB23 21:30 with big candle and small body. Next day on 17FEB23 1:30 another HUGE RED CANDLE so I have to mark POI so I mark another POI and wait for Mitigate. MITIGATION means we...
You can go short on BTC/USDT if it breaks the red line strongly and can achieve the targets (1 or 2) accordingly to your risk to reward ratio. OR you can plan to go long if the price the upper trend line (Green).
