BTC wait for a drop to 9900

Тема в разделе "English", создана пользователем Trading Ideas, 25 сен 2020.

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    BTC wait for a drop to 9900
    Bitcoin / TetherUS PERPETUAL FUTURES BINANCE:BTCUSDTPERP
    AleksDu
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    Friends, hello everyone.
    Since the previous idea for BTC , we have formed a new situation on which I decided to review.
    Globally, we are trading at the falling wedge and most importantly, below the trend line .
    Which tells us that our priority is the short position.
    Inside the wedge , we have formed a local descending channel , all figures give us a signal that we should continue to grow, on the 1d timeframe there is bullish engulfing on a sufficiently large volume . But if you look at computer analysis and other indicators, they speak of a different situation. Therefore, I still think that before the growth, we still go down again where there will be a good point to enter the long position.
    Once again I will write so that no questions are asked in a personal.
    While we are trading below the downtrend line, we are looking for a point to enter the short.
    Briefly about the situation, now I expect a decline to 9900, after which the growth will continue.
    Cancellation of the scenario will be a breakdown and consolidation above the level of the global trend line .
    Who trades with me we insure ourselves with stops.
     
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