Weekly shooting star Bitcoin

Double top weekly
Shooting star weekly with volume spike on the week SEC approves Btc etfs
Pennant broke to the downside

Monitoring monthly close

Need to see strong weekly red candle

TP: (Target 39-38k or till I see weekly reversal/weak candle)

Opposite scenario:
Not a huge volume spike on the weekly compared to the 3 weekly volume spikes of 2022 bottom

İşlem aktif:

Entry was the first daily red candle

İşlem elle kapatılmış

Yorum:

Daily continuation interrupted.
Eth sitting on 20 day SMA + bull flag.
Cautiously closing short as I have etf and have to do trade during weekdays

Anything can happen over the weekend. Still under 50 day EMA.