Bitcoin is on target for a 41100 low still.
As you guys can see, I called for a short on Bitcoin in yesterday's idea I posted.
A 1:18 trade, and it is looking great.
Please note that this is NOT a good time to enter short here, I expect some sort of correction in the trend, so there are no good entry positions available that will not potentially draw heavy on your capital. The only way I would attempt to short is with very very low margin because the stop is really far up, not every trade goes according to plan...
There will be additional entries possible after the target is hit, we just have to let it play out.
A 1:18 trade, and it is looking great.
Please note that this is NOT a good time to enter short here, I expect some sort of correction in the trend, so there are no good entry positions available that will not potentially draw heavy on your capital. The only way I would attempt to short is with very very low margin because the stop is really far up, not every trade goes according to plan...
There will be additional entries possible after the target is hit, we just have to let it play out.
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