BTC new ATH, Double top, or unable to break previous high?

2021年5月3日

Publishing this idea so I can clean up my chart and refer back to this.

PURPLE BOX - MY CURRENT RANGE OF INTEREST

* If 03/05 daily closes above 58000 and we can't close above 61200 level, I will be shorting as 64899 was the high.

* If we close above that level and continue through 65000, I will be looking to short 68000-70000 but if we get FOMO I will move up to 74000-75000.

* Any higher will close and wait to short retest as I expect a drop to 40000 at least

2021年5月17日

註釋

I was 5 days out but we closed above 58000 on 08/05, price didn't continue so I shorted as planned.

2021年5月25日

註釋

The low candle didn't touch the blue line on the chart but I trade on mex where it got a nice 29000 long
Always makes sense to go for the wick entries