Bitcoin short opportunity
Updated
As we can see on the 4 hour chart, bulls are failing to cross the resistance at 11,000
Three doji's at the top, implies a failure and we'll likely witness a fallback.
Remember that Bitcoin is bullish at the moment, so this will be a risky shot.
Another indicator to support this short is oversold RSI at 4 hour chart.
Happy trading :)
Three doji's at the top, implies a failure and we'll likely witness a fallback.
Remember that Bitcoin is bullish at the moment, so this will be a risky shot.
Another indicator to support this short is oversold RSI at 4 hour chart.
Happy trading :)
Trade active
10,714Note
Targets: 1) 10,576
2) 10,469
3) 10,362
Note
It's going up. I'll add more to my short at 10,850 (if it reaches that) to average out.Note
Bitcoin is holding strong. let's set stop loss at 10,950Trade closed: stop reached
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