Bitcoin
Short

XBTUSD: Short Resistance

Updated
Bitcoin, after cutting through the purple range, slowed down on 1D resistance and I begin to recognize signs of losing momentum (but maybe it just seems to me and this is a small reprieve before new highs).

Short at ~8550, risking 2.35% of my equity (50% of today's profits), targeting purple zone.



Information is just for educational purposes, never financial advice. Always do your own research.
Trade active
Moved stop to 9065, not sure that it'll fall like the last time.
Trade closed: stop reached
Pew! Had to close earlier =\ But whatever. Trade was closed at 9065, -1.4%.
Beyond Technical AnalysisBitcoin (Cryptocurrency)BTCBTCUSDCryptocurrencycryptotradingshortsetupTrend AnalysisxbtXBTUSD

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