CryptoAddict77

Will the BTC gods give us another chance to short at $3,850?

Short
BITSTAMP:BTCUSD   Bitcoin
I doubt it, but if we get another touch of the semicircle triangle around the $3,850 resistance it will be a really good chance to short with a potential measured profit of about 36%.
This will also enter the long term area that I am targeting for long term longs. ($1,870 - $2,450)

Short at $3,700 - $3,850
Stop at $4,000
Target $2,450

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.