BTC -Ranges overview ...with a little extra

Not much has happened since the last idea posted (range overview).
Personally been in a BTC short from around 29200$ and we are finally getting some direction to the PA.

What is next?

Expecting BTC to trade further down and to bring the rest of the market with it. IF we fail to get a clean break and hold below 28915$ I will look to reduce my position. Stops moved to 30400$ (initial at 30600$)

These levels can be used from swings/day trades if you are not comfortable holding a position for a long time.


-------------- NOW TIME FOR THE LITTE EXTRA -------------
For now all is going good and will look to add below 28915$. Looking for 28200$, 27000$ and eventually 19400$ (IF we have confirmed the deviation). Bear in mind 19400$ still has some liquidity but remains FAR from where we are now - so do not get ahead of yourself. We are just observing possible trading avenues.

All in all expecting lower prices on BTC unless we hold and start pushing from 28915$.


TP 28200$ (primary objective)
TP 27000$ (only IF market gives us confirmation)
TP 19400$ (small runner for IF we flush - DO NOT BECOME OVERZEALOUS )
SL 30400$

Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.