Short

Updated

Reversal point after bull run. Thank you Coinbase

Enter the trade 4250-4300
Target 3500

SL,- closing above blue trend line on daily.

Trade active

Take profit 3500-3550

Note

There could be a bounce after breaking 3800 in short term

Note

If you are trading short term I would like to recommend you close you position. We are in good profits now and bulls have some steam left to make some upward moves. For now Bitcoin is holding the situation, but in can change dramatically in few more hours. If there will be a good moment to re-enter this trade i will update the idea.

Note

When I've posted my comment it was 3750, now its 3850. Definitely bulls have some steam left.

Note

For those who missed this trade.
You can try to re-enter at 4200

Note

Short time profit 3900

Note

snapshot

Trade closed: target reached

Note

snapshot

Keep monitoring STR

Note

Check out my new trading idea

Quick trade

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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.