I called the first bitcoin top let’s see if I can call the second one. For me personally bitcoin shorts are risky but the risk to reward on this one is really high (1:10) and most markets generally drop faster than they rise. So if you do take this trade make sure you properly calculate your risk as bitcoin is very wicky. Personally on bitcoin I don’t recommend risking more than 1% and that more than enough because if I’m right you’ll bank 10% 😄. Good luck traders
Note
entry triggered and leaving indecision candles on the lower tf's lets see if bulls push through or if the bears will take over
Note
price barely hit tp. take it now and wait to see what unfolds so we can buy more at the best price
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.