We are seeing some clear indications of bearish movements on Bitcoin. We should adjust our trades as per the trend. For now we are expecting a 5 wave correction on Bitcoin price. So, taking a short at current price could be a good trade. If you have some other ideas please share in the comments. It would help me to see different point of perspective.
Entry - 31000-32000
TP - 22000-23000
Stop - Above 34000 Daily Close
Entry - 31000-32000
TP - 22000-23000
Stop - Above 34000 Daily Close
Trade closed: stop reached
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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.