BTC 4H Triangle breakout failure?

4 May 2023

The things can get even worse as this may be a reversal triangle. The biggest BTC support is between 24-25k and closest at 27k. Not interested in any longs inside this pattern.

5 May 2023

İşlem aktif

Opened short. The reason is strong reistance seen on cluseters. Also may be triangle false break out.

6 May 2023

Not

BTC is under the pressure, but buyers trying to hold with the limit orders. That's the reason why there is a big volatility atm

6 May 2023

Not

Channel break down confirmed on 1h, 28 400 is the target

6 May 2023

İşlem aktif

28 400 - 50% of Short closed. The last 50% is for 27k and 25k

8 May 2023

Not

My target is 27 150. currently I see the buyers limits, but I dont see a super active interest (I mean market buy volumes). Alts are drowning.

9 May 2023

Not

No active buyers, this may break down 27k

11 May 2023

Not

That was a good triangle retest at 28 300, but I placed my additional orders for short from 28450, but that didn't happen. 27 150 - 25% of last short is also closed so I'm just waiting to close the last one at 25k.