Bitcoin Market Daily Structure

26 Kas 2020

Thats how i am going to play the market for swings: As we see Market structure broke down and todays daily candle close will confirm it. I expect bulls defend to reclaim that Phl which will be a rejection and its in 183 area thats where i will open a swing short with confirmation. It might be a wick. Only reclaiming will be back in uptrend. After rejection we will make new Lows.

PHL= Previous higher Lows
MSB= Market Structure Breakdown