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UncleSweetshare
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H1 - overbought
H4 - overbought
H12 - overbought
Looking for bearish structure on LTF, so I can short
$BTC
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UncleSweetshare
@UncleSweetshare
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✍️ #BITCOIN RECAP (HTF perspective) - week before Christmas, we had a deviation from the Range High level - let’s call it a bull trap for this analysis. $BTC price dropped into the discount zone, where it remained until the first days of the New Year. However, we didn’t manage to take liquidity from the Range Low level I mentioned earlier. In my opinion, we’re heading for an upward move into a zone with several liquidity levels: h4 FVG and h4 OB, with the Range High level between them. I plan to short rejection at this level as part of my $100-10k challenge. From this point, I believe we’ll head toward the Range Low - the green zone - a drop of approximately 13-15%. 🚨 Secure your profits fam! You can find me on X under the same name - @UncleSweetshare
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🟧 $BTC perfect reading, poor execution. If only I had followed my analysis 100%, the #challenge account would probably already be at $400-500.
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-$4.96 (SL) 3️⃣W 1️⃣L $100-10k #Challenge account balance $156.19 (56.19%📈). I should’ve held onto my #short from yesterday 🤡
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Limit order $BTC filled 🚀
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🔸 Limit Buy $BTC order is already set on @tealstreetio 🔸 SL is placed at a $7 loss 🔸 $40 position on 20x leverage 🔸 Trigger: Monday (L) liquidity taken + Monday range reclaimed 🛩️ Slow grind toward the 💲200 milestone for the ($100-10k) #challenge account.
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