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BLOGFOREXVIET
Jun 17, 2020 2:23 PM

BTCUSD is facing strong resistance Short

Bitcoin / U.S. dollarBitstamp

Description

The area 9500 - 9600 is now a strong resistance, this is a fairly bold setup, please consult and decide.
* This strong resistance level has been tested many times and cannot be overcome.
* 1 sell order at this time is risky but for reward worthy.
* The entry area is a horizontal bar showing resistance.
* SL is the red area
* TP is the green area as shown.
This setup is simple, but it gives a high probability, so risk should be considered, if not sure, stand outside to protect your money which is also a good strategy.
Good luck.

Trade closed: target reached

Comments
RocketBomb
Wanna share with u🧡
Gene_Tech
strongly agreed already in profit
justindchaney
I was standing outside for the last month or so, and jumped back in on Monday. That means it's time for the entire crypto space to have a major correction.
BLOGFOREXVIET
@justindchaney, i think so
kt2011
good job
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