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Technical analysis by pangreen12 about Symbol BTC on 2/9/2024

https://sahmeto.com/message/3331830
pangreen12
pangreen12
Rank: 10830
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Yesterday Idea went good , though short position as i said was risky and got stoplosed at entry, though longs are blowing up insame profit. We are now moving in high resistance, On higher Tf we are extremely bullish while on lower we are looking kinda bearish , we might get spike soon like 600 dolars 15m candle for 800 dolars. I dont know if it is good to short here but its friday, not much will happen tomorow or sunday soo, shorts here are safe. In my opinion we need to steady trend after night huge rise, soo we will stay at 45k-46k some time46800 it might be that spike46900-47200 big short liqudation cloud it can work as good resistanceI am ipressed of buying momentum every single candle is bullish af , if the bears want to gain any momentum from here they need to do something fast because soo far it is just straight line upsitei hate structures like that, because its just rn gambling it could be today 50k or 40k on such market condition i wouldnt be supprised, its better to stay out of market wait for correction or any other specific movement , because longing here is pointless because it could be in sudden 40k and shorting here is pointless too because it could be still rising like thatjust expect today big candles on each site because move without any correction always brings a lot volatile1 s candle for 500 dolarsi am trading for like 10 years already and i am still impressed sometimesas i said we had today a lot of strange moves right now we are getting down but at least it looks like it is just temporary, maybe tomorow will be better day for tradingglad that i stay today out of market

Translated from: English
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Signal Type: Neutral
Time Frame:
15 minutes
Price at Publish Time:
$46,379.59
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