TradingCocktail

BITCOIN First Target 30k

Short
TradingCocktail Updated   
BITSTAMP:BTCUSD   Bitcoin
Fundamental Insight:

Sell the fact on Ukraine crisis could end, and everything back to normal theme which more fundamental than the geopolitical sentiment. The uprising inflation and rate high, which will keep overvalued asset dropping after all the easy money policy distributed into this most overvalued asset.
Comment:
^rate hike -- correction
Trade active
Comment:
Anotherway to look at this bear:

Comment:
Counter tendency: If the price breaks and making higher high, 50k might be the next important level.
Comment:
M15 price update and potential support

Comment:
SL to BE.. @39.347 .. potential spike as.. Belarus announces that negotiations between the Russian and Ukrainian sides will begin in an hour and a half.
Trade closed manually:
Quit all my shorts for profit.. will see the progress later on negotiation

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.