Reasons for a short position:
1. TA: Overbought market.
2. Bitcoin has reached the resistance level in ascending channel.
3. Black Monday anniversary.
1. TA: Overbought market.
2. Bitcoin has reached the resistance level in ascending channel.
3. Black Monday anniversary.
Note
First T/P is ME50, 4500 USD.Note
S/L is 6200 USDNote
One more reason to short bitcoin, is that the snapshot to gain free bitcoin gold already took place today at 6 AM UTC.Note
still holding short position.Note
I think it's better to close this position with a tiny profit.Order cancelled
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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.
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.