Breakout within rangebound market - BTC supported by 40k shorts
Atualizado
Range i've been watching playing out - added upside range on breakout - chart for future reference and follow up
Nota
Smashing up on weekly resistance - going through will further fuel short term upsideNota
Confluence of resistance levels and 1hr cloud - just a small hurdle for this move
Nota
8k taken - no stop in sight - liquidations will comeNota
Correct chartNota
Correct chartNota
Few shorts closedNota
Amount of shorts put in the 6k range since the 3th - currently feeling more and more pain. All shorts need to be bought up.Nota
Confluence of resistance levels playing out in 7800-8000 rangeNota
First stop for retrace 7600Nota
Look for weekly resistance providing supportNota
Example of a play to make with the former retrace setupNota
Watch this flag carefully to stay safe - though 8k provides upwards resistaneNota
75% of shorts liquidated - Tradingview delayed reportingNota
Converted to watching a descending wedgeNota
Could also stop out with a close outside the Kijun (blue line)Nota
Breakout - stop out would be a good playNota
Stopped out by Kijun aswell (blue line cross)Nota
Expecting small pullback but long is in playNota
Incoming test of supportNota
Breakout - long is still in play
Aviso legal
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