$BTC - My Ideal Short 🔻
Price runs the SSL above $67k, then tags the untested D1 FVG confluent with D1EMA100, rejects from there, gets back below range high and dumps down to redbox taking out local BSL ($$$) as well.
Would be very clean 🎯 https://t.co/xC4BsCat0o
BTCActivation price $64,003.2Direction ShortType ConditionalTrigger Sweep Above (Reversal Down) 67000Timeframe Mid
PENDING TRIGGER
$BTC - My Ideal Short 🔻
Price runs the SSL above $67k, then tags the untested D1 FVG confluent with D1EMA100, rejects from there, gets back below range high and dumps down to redbox taking out local BSL ($$$) as well.
Would be very clean 🎯 https://t.co/xC4BsCat0o
BTCActivation price $69,000Direction LongType ConditionalTrigger Sweep Below (Reversal Up) 69000Timeframe Mid
Max Favorable +0.0%Max Adverse −9.1%ACTIVE
$BTC - My Ideal Short 🔻
Price runs the SSL above $67k, then tags the untested D1 FVG confluent with D1EMA100, rejects and gets back below range high and dumps down to redbox taking out local BSL ($$$) as well.
Would be very clean 🎯 https://t.co/egScEIKP31
BTCActivation price $64,003.2Direction ShortType ConditionalTrigger Sweep Above (Reversal Down) 67000Timeframe Mid
PENDING TRIGGER
$BTC - Weekly trend is also very clearly bearish and price is currently interacting with this weekly S/R level.
Typically when a level is disrespected by price like this weekly S/R level was in the $60k - $70k range of '24, I don't care much for it.
However, as you can see by the arrows in the chart apart from that range, recently this has been a level of significance.
While price stays below it I am bearish and looking for shorts.
If price does manage to break above it, I believe it will be a brief bull trap. Quick deviation above and then back below, that's an easy short.
Will I consider LTF longs? -> Only if price starts to hold above the level.
Will of course keep you updated on what I'm doing 🤝
Lets see...
BTCActivation price $64,025.26Direction LongType ConditionalTrigger Hold Above 65529.5Timeframe Long
PENDING TRIGGER
$BTC - Weekly trend is also very clearly bearish and price is currently interacting with this weekly S/R level.
Typically when a level is disrespected by price like this weekly S/R level was in the $60k - $70k range of '24, I don't care much for it.
However, as you can see by the arrows in the chart apart from that range, recently this has been a level of significance.
While price stays below it I am bearish and looking for shorts.
If price does manage to break above it, I believe it will be a brief bull trap. Quick deviation above and then back below, that's an easy short.
Will I consider LTF longs? -> Only if price starts to hold above the level.
Will of course keep you updated on what I'm doing 🤝
Lets see...
BTCActivation price $64,025.26Direction ShortType ConditionalTrigger Sweep Above (Reversal Down) 72000Timeframe Long
PENDING TRIGGER