Auf geht's
AidanM459

SHORT BTC - Tight Stoploss

Short
Bitcoin (BITFINEX:BTCUSD)  
AidanM459 Aktualisiert   
BITFINEX:BTCUSD   Bitcoin
Trend Analysis Chart Patterns
3
1
trendanalysis chartpattern
MA's are about to cross over to the downside.

200 EMA is about to reach 6000 - which has proven to be an extremely strong support/resistance level.

I would recommend a short position in BTC with ultimate target being 6000 USD. Keep a relatively tight stoploss and allow trade to breath.

Kommentar:
Watch out for the 8000 area this was serving as an extremely strong support and could provide significant resistance for price.

I would attempt to catch a move closer to the 8000 range - I will be setting a limit order for the 7850 range. Stoploss will be above 8200.
Kommentar:
Watch out for the 8000 area this was serving as an extremely strong support and could provide significant resistance for price.

I would attempt to catch a move closer to the 8000 range - I will be setting a limit order for the 7850 range. Stoploss will be above 8200.
Kommentar:
My take profits will be set at 7200, 6700, 6500 & 6200
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