Shortbtcusd
BITCOIN - BEAR FLAG - SHORT or LONG? Good Day Traders!
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Our Bitcoin setup:
Rules:
1. SHORT ONLY when price touches the white box.
2. SHORT ONLY when the price break down the channel.
3. DO NOTHING when above #1 & #2 are not met.
TP below level near 3300
CL above level closed above 8300
RR > 5
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PART I Getting in the Game.
RULE #1 Know Your Game.
RULE #2 Have a Trading Plan.
RULE #3 Think in Terms of Probabilities.
RULE #4 Know Your Time Frame.
DISCLAIMER: There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Trade at your own risk.
The Bitcoin Train Is Over Amigos...Why, What, How dare you! I am sure some of you may be thinking that right now, let me explain. Bitcoin had a great run, it really did! But unfortunately the good times don't last.
We hit a yearly at $13920 which we had a massive rejection from. We have been distributing for the last 4 months decreasing this bullish momentum and preparing for our move down.
The Level I have proposed to short at ($9745) was picked from the 2 Week chart.
Trend has already reversed on the daily, and 2D.
It's only a matter of time... :)
BTCUSD - CRYPTO - 04.06.2019DACAPITALTRADING V2.0:
WELCOME TO DACAPITAL TRADING, WE PROVIDE ANY KIND OF TECHNICAL AND FUNDAMENTAL ANALYSIS
FOR FOREX AND CRYPTO-CURRENCY MARKETS EVERY DAY!
-
1 HOUR
Bearish market and price action ín short term timeframes.
4 HOUR
Break below bullish Trendline and overall price action trend.
DAILY
Very good short positions right now, market about to turn bearish again!
DACapitalTrading V2.0
SELL BTCUSD
ENTRY @ 8020.0
SL @ 8758.0 (9.2%)
TP @ OPEN
RR: 1:3/4
Use normal Risk (1% per Position)
(Remember to add a few pips to all levels - different Brokers!)
T.me
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HAVE A GREAT WEEK
ALAN
Bitcoin want to test $6000 level todayBitcoin trading $6250 level, today it can test $6000 psychological level.
Day Trading Range: $6400 - $6000
Key Resistance: $6285 - $6330 - $6372 - $6420
Key Support: $6220 - $6150 - $6100 - $6030 - $6000
Technical Indicator:
Moving Avg: SMA20 is trading on $6284 level which is strong resistance for the day.
MACD: MacD still having buying volume & going for short order volume.
Most Likely Scenario: Short XBTUSD $6280-$6330 with strong stop loss at $6422 and get target $6150-$6030-$6000.
Thanks
YoCryptoManic