Short

Short BTCUSD

Updated

Certainly, here's a description of a short position for the BTCUSD pair in English:

**Entry:** The entry point is at $25,127 USD. This means you will sell Bitcoin (BTC) at this price with the expectation that its value will decrease.

**Stop Loss:** You set a stop loss at $27,639 USD. This is the price at which you will close the position to limit potential losses if the market moves against your short position.

**Take Profit:** The take profit is set at $17,588 USD. This is the price level at which you plan to close the position to secure your desired profit if the market moves in your favor.

In summary, you are entering a short position on the BTCUSD pair at $25,127 USD with a stop loss at $27,639 USD and a take profit at $17,588 USD. This strategy aims to profit from a potential decline in the value of Bitcoin relative to the US dollar. Please note that cryptocurrency markets can be highly volatile, and it's important to carefully consider your risk management and do thorough analysis before entering any trade.

SubZero

Trade active

Still in position, SL at 27.639

Position at this time in loss

Trade closed: stop reached

Stop Loss reached

subzerocapital

Also on:

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.