Short Bitcoin on overbought conditions
Price action and volumes clearly show the rally is over-extended, the time for correction has come. Trade duration between up to 20 days. Competitive edge is the fact that swap is net-positive on short positions at most CFD brokers.
Trade closed: stop reached
Closed, market is not ready for correction yet.
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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.