BitcoinShort
BTCUSD Short Strategy / 4hr timeframe
Type: Short
Entry : 11744.9
Stop loss : 12023.88
Target : 10380
R-R : 4.89
Explanation : BTCUSD was consolidated forming a triangle shape and broke down. Retracement about 70% of that downtrend is a great R:R place to take short trade . stop loss is above yesterday's highest price.
+) the current situation of crypto-market is Alts are showing pretty much bounce up and BTC seems more weakness. I feel the number of BTC buyer are getting less and less and it is time to take short btc.
Entry : 11744.9
Stop loss : 12023.88
Target : 10380
R-R : 4.89
Explanation : BTCUSD was consolidated forming a triangle shape and broke down. Retracement about 70% of that downtrend is a great R:R place to take short trade . stop loss is above yesterday's highest price.
+) the current situation of crypto-market is Alts are showing pretty much bounce up and BTC seems more weakness. I feel the number of BTC buyer are getting less and less and it is time to take short btc.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.