BTCUSD Perpetual Contract

Short

Updated

Bitcoin Short to 8.2K

BTC just closed a daily below the 200SMA, horizontal resistance, and a diagonal trend line formed from the daily wicks. Short from resistance to support.

Entry Zone:
8820 - 8718

Take-Profit Targets:
1) 8631
2) 8451
3) 8324
4) 8265
5) 8200

Stop Targets:
1) 8983.5 - 100.0%

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Risk:Reward: 2.51
Stop Loss: 2.55%

Let's get that crypto! Please leave a like if you found value!

Note

Take-Profit Targets:
1) 8631 - HIT (2.14%)

Paper trade then closed at breakeven stop loss.

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Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

General Inquiries: t.me/cryptoguru369

Twitter: twitter.com/CryptoGuru369

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.