Short
short entry on troubling FTM

wait for resistance to below trend line enter short for ~20 percent profit
Note
price action still following the downwards trend line still below the 50ema short entry seems to be fairly closeNote
still not breaking the current downwards trend and currently bouncing off the support - watch these critical levels for a break throughNote
We finally broke the downwards trend line below the support - but at a fast rate. Watch for an increase in price and lets see if resistance is held or not then enter possibly soonNote
We're down 10 percent since we spotted this short, its follow the downwards trend spot on the entire time apart from SEC news. With all the other bearish news around BTC and failing EMAs I believe now is a good entry point downwards to support zones. Lets enter with price @ .284Note
4.5 percent in the green, loooks we like broke the trend and are dropping quickly down to support zoneNote
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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.