Bitcoin
Short

Bitcoin: Trade for Bearish Wave, Again

By SharkbaitAl
Updated
4H and Hourly chart continues to show divergence...daily trend is still bearish...I am looking for a re-test right below 6660 to enter short with stop above the most recent (lower) high.
Trade active
Here we goooo
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Would move stop losses to breakeven here snapshot
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Trailing stops to 6410, will consider re-entering upon the right conditions if I am taken out
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Trailing stops to 6303, securing 2.2R ...at this moment still bearish so if I am stopped out I will be looking for next short trade, unless there is a bullish impulse on 1H or higher
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Trade closed: stop reached
Taken out at my trailing stop, netting 2.2R on this trade. I am still bearish on BTC so currently looking for a new entry to sell -- eventually looking for a bullish reversal on BTC but no signal yet for me to change my present short bias snapshot
1hBitcoin (Cryptocurrency)BTCUSDDivergenceshorttradeWave Analysis
SharkbaitAl

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