I find market sentiment towards XBTUSD bearish. Every time we see a pump, it is small. Perfect for grabbing a good short position. I see XBTUSD dropping to 5500 or below in the next couple of days.
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Now is a good time to accumulate a higher position for your short to XBTUSD -5500. Make sure you are setting proper stop-losses (limit to reduce fees) or set a stop loss limit to secure profits.Next Target: 5900
Note
pitchfork upward trendline broken. Hopefully upi set Topr profit loss and stake profit stops. I have closed this short. Cheers.Note
Can't believe I thought this was bearish. Live and learn!
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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.