Retest of broken trend line (rising wedge pattern) bearish (BTC)
After rejecting $50,000 and dropping more than $5000 there's a chance it may take a few weeks to break the big psychological resistance level, however there's still the chance this is the dip and now we're headed towards $55,500.
We've seen a relief pump since the drop and I'm expecting more downside after retesting the broken trend line, if $47,222 holds we can discuss long options, but until that happens I've decided to take a bearish scalp from the $48,000 level (give or take)
Will post an attachment to this post when I've closed the trade.
Please get this technical analysis to 30+ likes to unlock more content! 👍
We've seen a relief pump since the drop and I'm expecting more downside after retesting the broken trend line, if $47,222 holds we can discuss long options, but until that happens I've decided to take a bearish scalp from the $48,000 level (give or take)
Will post an attachment to this post when I've closed the trade.
Please get this technical analysis to 30+ likes to unlock more content! 👍
交易進行:
a slight pump before the move playing out should be expected.
a slight pump before the move playing out should be expected.
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交易進行:
funding:
now: 0.1392% 1 hour +
predicted: 0.1550% 9 hour+
now: 0.1392% 1 hour +
predicted: 0.1550% 9 hour+
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$47,222 is the current aoi
$47,222 is the current aoi
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added a little size to my short as we're nearing resistance
added a little size to my short as we're nearing resistance
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