Bitcoin / TetherUS
Short
Updated

BTC SHORT idea - trading towards the crash low

131
More often than not, BTC has a tendency to trade towards the wick low in the period following a 'crash'. The idea is to take a swingtrade and see if it turns out over the coming period!
Note
We are approaching the midrange here in my view - I kind of expect monday's low to be taken. This would be a TP for me, at least for 50% of the trade.
Note
It took a while, but we more or less made it. Well done if you held it all the way through!
Note
We took the lows - let's see what happens next

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.