BTC HTF analysis
Bitcoin / TetherUS BINANCE:BTCUSDT
After a nice long position, time to switch to short, unless idea is invalidated.
Shorted 42100 – the prev week open – T1 = 40 .7, T2 = 39.7. Will let a small procent to run until 37k, where I think big bounce will come (HTF trendline).
Of course idea is invalidated with a 4 hrs close above prev week open, which is still possible considering the short squeeze we seen 2 days already. In that case, will switch to long after retest of prev week open (42175)
