Smiler4411

Bitcoin Opportunity

Short
Smiler4411 Updated   
BITSTAMP:BTCUSD   Bitcoin
Bitcoin has broken a weekly support line.

My bias is now to short the market and to enter the market on the retest of broken support now resistance.

I've identified a previous support level that marked by the red arrow to place targets.
Trade closed manually:
Market came close but no cigar!!

Managed risk and moved stop loss in to profit.
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.