BTCUSD Perpetual Contract
Short
Updated

Bitcoin sell signal

We have seen this candle stick before. As mentioned in a previous post, Bitcoin is still BEARISH.

Rallies should be sold.
Note
Just watch out for the first trouble area at $8,130
Note
Good place to fill last shorts
Note
Took a partial profit at 8k :)

Reduced risk, set and forget
Note
Well this trade has worked out perfectly, holding remainder of position to green line.

Disclaimer