HD1184K

Bitcoin (XBTUSD) Potential move higher

Long
HD1184K Mis à jour   
BITMEX:XBTUSD.P   Bitcoin
It seems like there is lots of selling at the current area, meaning that once the sellers are done, price can move up.

This is exactly what happened at the 7500 - 7900 levels.

Therefore, you can long here and close at 9200-9300+ safely, if price shows strength.

Thanks for viewing! This is a shorter term idea. Keep in mind I am still bearish longer term. However, there is nothing to suggest there won't be a few moves upwards before the breakdown. Bearish idea can be found in the related idea section.
Commentaire:

Sellers were here, so hopefully this can turn into support and they can drive price higher.
Trade fermée: cible de profit atteinte:
9300 target reached.

Target was very conservative, so I will probably see if I can get 9357.

if not, will get out.
Commentaire:
Commentaire:
I sold my longs and entered short. Will be fine if it goes to 9400+.
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