BTC Weekly looks 💩💩💩

in #tradinglast year

GM!

A new week and the close is looking pretty terrible on BTC, closing as a bearish SFP with weekly bearish divergence.

BTCUSDT_2023-07-10_11-08-38 WEEKLY.png

Missed out on trading last week due to having caught a flu of some kind... maybe Covid, not sure but 5 days later and I still feel pretty average, slept for two days straight last week and right through a really easy short setup that would have me positioned well for this possible break down but what can you do hey!

For today I'm just going to watch and see what sort of PA is put in, the daily chart doesn't look great either but price is at support and holding.

BTCUSDT_2023-07-10_11-11-01 DAILY.png

Gonna keep this short as I'm still pretty rekt. Will try update with plans/trades as they evolve.

Have a great week!