BTC gains to a very interesting point and what's next?

Zaktualizowano
Hi there.

My previous prediction wave 5 long is completed.I guess i was lucky :)
So what's next?

Suggestion: short
Reasons:
1. It hits local uptrend resistance line.
2. It hits global downtrend resistance line.
3. Exactly lay on the fib 0.786 plus RSI is pretty high.

So i think it may go down and break the local uptrend first, then retest the lower high.
I hold my long position with tight stop loss in 15mins time frame.
But for safety we need to see a clear break point to enter short position.

Please comment and share.
Thank you for your time.

Alex Wang
Komentarz
It looks like just as i planed :)
I will step in short position with fib 0.618 bounce back in 1H time frame.
let's say around 9000 and good luck :)
Zlecenie aktywne
9000 hit.
Open short position.

Stop loss 9100
1st target point 8000
Risk/Reward ratio 9.8
Komentarz
snapshot
Komentarz
BTC may retest previous high
Zlecenie zamknięto ręcznie
Stop loss hit.Short position closed.
BTCBTCUSDTChart PatternsRelative Strength Index (RSI)Trend AnalysisWave Analysis

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