In the coming days, I expect a BTC drawdown on the daily timeframe to values of $96,500 to $95,400 from a price action perspective. I would enter a short position immediately, setting my Stop Loss (SL) above $112,400 and Take Profit (TP) at $96,500, which would represent a 3.44 Risk-Reward Ratio (RRR).
It is important to note that this is in no way financial advice, but merely my personal view on price action and my idea of where the price might go in the coming days.
It is important to note that this is in no way financial advice, but merely my personal view on price action and my idea of where the price might go in the coming days.
Trade ativo
The price was pushed higher than I expected, but it still holds for me that they will test the 96500-95500$ level.Trade fechado: objetivo atingido
As I wrote on November 4th, my idea of BTC dropping to the $96,500-$95,500 level has come true.
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.