Short Term BTC Analysis: ABC correction wave, PAMP before DAMP
تم تحديثه
I believe this strong bullish divergence will take us to the 42.5-43k region before a final drop to the 36k trend line, flushing out the longs forming.
This would allow us to collect shorts for a real rally to have a chance of forming
This would allow us to collect shorts for a real rally to have a chance of forming
ملاحظة
So far, so good! Short opened at 42.5k, missed the top sleeping but it was where I markedملاحظة
Entry: 42.5kStop loss: 42.3k
Locking in the profit for now
ملاحظة
Trailing S/L to 42kملاحظة
Bulls are ramping up for a quick liquidation spike, moving S/L to 41200 to capture more profitملاحظة
Profit remains intact! Bullish divergence is being invalidated with this latest bull trap in the zone of indecisionملاحظة
Flipping short to long at 38300, my last update said 39300 that was a mistakeملاحظة
Watching the chart, I need to see some confirmation before flipping long, but I have closed my short at the bottom of the green arrow trend lineملاحظة
Getting real close to the buy area, I think this little 5m structure will take us to where we want to go. Don't forget to WAIT for confirmation
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