Short Term Profit Trade Idea - Check Stop Loss and Take Profit!

Sentiment: Bearish (short term)
Entry Price: Orange Line Horizontal
Target Price: $42,000
Take Profit Price: $42,500
Stop Loss: $45,100 (just above resistance)

*using Pionex reverse leverage grid robot, which lets me lock up my BTC and loan 5x USDT for my trade. I control the amount of grids and profit/loss per grid….highly recommend. Switching over to Margin grid as soon as BTC bounces off the support of 42K. From 42K, we are looking at target price of 50K-56K with new support at 45K.

Buy Dips and Eat Chips.
assetBitcoin (Cryptocurrency)BTCChart PatternscryptoHarmonic PatternsNEWSTrend Analysisupdate

Disclaimer