#BTC $BTC
đŽ BITCOIN â IMPORTANT UPDATE
Bitcoin received a SHORT signal from my indicator on the 15-minute timeframe. The first take-profit has already been hit.
â ïž For me, this is a serious warning for LONG positions, but Iâm NOT giving a new SHORT entry right now.
đ Bitcoin has broken a weak local support, and this level is now acting as resistance.
The key zone Iâm watching is 74,850â74,250.
If Bitcoin breaks this zone, then I will consider the SHORT scenario seriously and look for opportunities to sell the pullbacks.
For now, Iâm only taking short-term trades with small position sizes.
Weekend price action can bring manipulation, which is exactly what we saw with the LONG setup I shared earlier â the bulls failed to continue the move.
đ At the moment, another attempt to update the current high is highly questionable to me.
However, Iâm not ruling out another move higher until the 74,850â74,250 support zone is broken.
In general, my concern that the LONG side is losing strength is being confirmed so far.
đŻ Trade the situation on the chart, not your assumptions.
â ïž Manage your risk and stay disciplined.
I publish everything here openly and honestly. My goal is to teach you to trade according to a system, not to blindly follow someoneâs signals.
The market doesnât care about our expectations.
We adapt to what the chart is showing us.
đ« Not financial advice.
đŽ BITCOIN â IMPORTANT UPDATE
Bitcoin received a SHORT signal from my indicator on the 15-minute timeframe. The first take-profit has already been hit.
â ïž For me, this is a serious warning for LONG positions, but Iâm NOT giving a new SHORT entry right now.
đ Bitcoin has broken a weak local support, and this level is now acting as resistance.
The key zone Iâm watching is 74,850â74,250.
If Bitcoin breaks this zone, then I will consider the SHORT scenario seriously and look for opportunities to sell the pullbacks.
For now, Iâm only taking short-term trades with small position sizes.
Weekend price action can bring manipulation, which is exactly what we saw with the LONG setup I shared earlier â the bulls failed to continue the move.
đ At the moment, another attempt to update the current high is highly questionable to me.
However, Iâm not ruling out another move higher until the 74,850â74,250 support zone is broken.
In general, my concern that the LONG side is losing strength is being confirmed so far.
đŻ Trade the situation on the chart, not your assumptions.
â ïž Manage your risk and stay disciplined.
I publish everything here openly and honestly. My goal is to teach you to trade according to a system, not to blindly follow someoneâs signals.
The market doesnât care about our expectations.
We adapt to what the chart is showing us.
đ« Not financial advice.
