$BTC
#bitcoin This is in the reaction zone at the highs of May of this year; the 83k are key. If it breaks them, it will either do a pullback or manipulate that May high—either to go up or to go down.
There are high probabilities that it will fall to fill the imbalance from those huge daily candles from August 17 to August 22, looking for the FVG that is between 72.5k and 70k.
Everything depends on what price #bitcoin will do in the next 2–3 weeks.
My trading plan: if it breaks 83k, I’ll go long with low leverage, between 5X and 10X maximum.
If it breaks down below 75.5k, I’ll enter short with moderate leverage, between 15X and 25X, no more than that.
#bitcoin This is in the reaction zone at the highs of May of this year; the 83k are key. If it breaks them, it will either do a pullback or manipulate that May high—either to go up or to go down.
There are high probabilities that it will fall to fill the imbalance from those huge daily candles from August 17 to August 22, looking for the FVG that is between 72.5k and 70k.
Everything depends on what price #bitcoin will do in the next 2–3 weeks.
My trading plan: if it breaks 83k, I’ll go long with low leverage, between 5X and 10X maximum.
If it breaks down below 75.5k, I’ll enter short with moderate leverage, between 15X and 25X, no more than that.
