Bitcoin
Short

BTCUSD in reversal SHORT

Von AwesomeAvani
Aktualisiert
BTCUSD on a 60-minute chart had been ascending in a channel but now has broken down and

has dropped below the channel support trendline. As to whether it will retest that trendline

which is now resistance remains to be seen. However, the MACD lines are under the zero level

and RSI lines under 50, lends support to a reversal at this time. Volatility is contracting and

price compressing in a symmetrical triangle with the bias bearish at this time.

Trade ist aktiv
In the 5-minute time frame, Bitcoin price attempted to test the support trendline turned into resistance but shorts beat it down before it got there. I am now short
Bitcoin with leverage added to amp the anticipated gains. Snapshot
Trade ist aktiv
Bull and bear tug o' war is underway Snapshot
Kommentar
It must be morning time in Western Europe and Bitcoin is wide awake. I am on Hawaii time and it is a bit past bedtime.
Trade ist aktiv
Increased volatility and otherwise sideways with increased range.
Trade geschlossen: Stop wurde erreicht
Bitcoin popped upside in a reversal. I went hard into long BTC, MSTR, RIOT, Cleanspark and HUT and they have profited heavily in the call options short time frame to expiration taken. see those posted ideas.
Kommentar
Snapshot
Bitcoin (Cryptocurrency)BTCUSDfadetradeFibonacciOscillatorsreversalshortbitcoinSymmetrical TriangleTrend Linesvolatilitycontraction

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