Bitcoin BTC/USDT 4H

9. Feb.

At the last 4 hour momentum, Bitcoin showed a reversal into a bearish cycle. At a price of 38555 the BTC began to rise and go into correction.

At the moment, the price is completing the correction and is approaching the last point of interest - the chart shows it as an entry zone for a short position. This entire area is a order flow, or a single Order Block on the daily time frame.

10. Feb.

Anmerkung

Order Block mitingation. Confirmation of reversal on a lower timeframe is required.

10. Feb.

Anmerkung

Weekly timeframe looks like bullish. Dont short without reversal confirmation.

12. Feb.

Anmerkung

I took the risk on short, entry timeframe 1H, trade timeframe 4H

12. Feb.

Trade ist aktiv

Three target points

12. Feb.

Trade geschlossen: Stop wurde erreicht

The position is closed by stop loss. Well, let's see what happens next.

12. Feb.

Anmerkung

under control