Bitcoin
Short

BTC/USD - time to short?

Updated

Type of position - sell
Entry point - 9982 or above
Stop loss - 10 456
Take profit - 8078
Reward/Risk ratio - 4

Bear in mind the traffic on binance.com and coinbase.com is still steadily declining despite all the positive coverage in the news:
alexa.com/siteinfo/binance.com
alexa.com/siteinfo/coinbase.com
Don't follow the herd, go against it.

For more fundamental information on the reasons for the bearish prediction, read:
Bitcoin fractal downtrend comparison and demand drop! (Part 1)


Me and my clients caught the crypto bubble, the marijuana bubble, and we are preparing for the bull market in the precious metals now.
If you are risk tolerant and want to potentially make fortunes, feel free to message me to get a free trial of my fund.
For the next two months, I will be posting free trading ideas in crypto, stocks and commodities .

Trade active
Short trade opened at 9982
Trade closed: stop reached
Trade #2
Stop loss reached at 10456
Loss : 4.76%
Bearish PatternsBeyond Technical AnalysisBTCUSDFibonacci Retracementshort

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