BTCUSD daily candle is forming a reversal pattern with 2 hammer candlesticks. This might be a good time to enter a small Short position (maximum 2% of your capital)
Entry: 208xx - 21xxx
Sl: 216xx
Tp1: 20000
Tp2: 185xx-195xx
Meanwhile, BTC.D is also rising, next resistance is 44%. So Shorting Altcoins is another good option. I have opened a few Short positions on BTC, ETH, and BNB. Will see what happens.
Remember, always trade at your own risk, and never risk more than you can afford to lose.
Entry: 208xx - 21xxx
Sl: 216xx
Tp1: 20000
Tp2: 185xx-195xx
Meanwhile, BTC.D is also rising, next resistance is 44%. So Shorting Altcoins is another good option. I have opened a few Short positions on BTC, ETH, and BNB. Will see what happens.
Remember, always trade at your own risk, and never risk more than you can afford to lose.
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Visit our website for more educational content.
Join our Telegram Trading Channel:
t.me/CLtradinghub
