DailyChartist

BTC: short - term sell idea

Short
DailyChartist Updated   
COINBASE:BTCUSD   Bitcoin
Hello, dear Traders and readers of mine! Hope you're all well and as well that you're prepared for today's great excitement - the US Presidential Elections.

I am posting an idea to short BTC for the near-term interval.

Aggressive sell here, because we have a descending divergence between DeM and the price and DeM is moving below the 0.7 level, triggering a sell signal. Upper trend line was unsuccessfully tested.

SL: 14775
TP: 12167
1:2 risk

What do you guys think? I would appreciate your views and ideas too!
Trade closed: stop reached:
SL HIT
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