Starting Short Position This Week As BTC Price Start OverBought
In this post, I want to share why I've chosen to short Bitcoin after witnessing a steep price surge in the previous week. Utilizing technical analysis, I'm confident that the potential downside outweighs the upside, which is why I've opted for a short position with target around 44K - 46K.
Trade closed: stop reached
Hit Stop Loss
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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.