Let's short "The King" (BTC) $8500 target
Updated
Risk: Low
Please be advised that this is only an idea, so you are responsible for any losses yourself.
Dear followers,
First of all, many thanks for following and liking my ideas. I just started posting since this month and I see a rapid increase in the number of followers. I really appreciate it when you like my ideas, this helps me to reach more people and to provide you with even better charts. :-)
BTC has broken through its strong support (Yellow arrow) and big red candle appeared after it. I opened a short position and I will expand this position if we see a short term price recovery.
Target 1: 10700
Target 2: 8500
Resistances: Fibo levels, 50ma.
Please, follow and like for more trading ideas.
Questions? Feel free to ask and your feedback is welcome!
Please be advised that this is only an idea, so you are responsible for any losses yourself.
Dear followers,
First of all, many thanks for following and liking my ideas. I just started posting since this month and I see a rapid increase in the number of followers. I really appreciate it when you like my ideas, this helps me to reach more people and to provide you with even better charts. :-)
BTC has broken through its strong support (Yellow arrow) and big red candle appeared after it. I opened a short position and I will expand this position if we see a short term price recovery.
Target 1: 10700
Target 2: 8500
Resistances: Fibo levels, 50ma.
Please, follow and like for more trading ideas.
Questions? Feel free to ask and your feedback is welcome!
Trade closed manually
BTC shows it's power and broke it's resistance. Click play button to see (dotted line)
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