The situation is quite uncertain, I'm not trading right now, closed long actually as btc usd failed to stay above 43100 level (dynamic support, currently resistance).
I'm quite sure the trend is still bearish and no longs could be attempted until the 43100 break up.
On a lower tf
I see a possible short with a 44K stop loss, yet I'd prefer to wait for the confirmation below 41100 to be secure - trend break down.
Basically possible shorts:
Now with the reduced amount with 44k SL
Or wait until the confirmation to enter a full-amount trade.
Edited 18 Jan 2022, 00:50
Disclaimer: The views expressed are solely those of the author and do not represent the official position of Followme. Followme does not take responsibility for the accuracy, completeness, or reliability of the information provided and is not liable for any actions taken based on the content, unless explicitly stated in writing.
Leave Your Message Now