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wealth_compass
Dec 3, 2018 3:03 PM

Bitcoin Bottom Soon? Short

Bitcoin / DollarBitfinex

Description

The long term trend of Bitcoin is still down.

I took a quick short trade when Lazy Trend System indicators were aligned. As usual, my risk is always 1% for short term trade. The trade was closed at 3% profits.

The price is currently approaching the support zone of around 3980. If the price rebounce, there could be a potential short to mid term upside. If the price broke this level, we may potential see further sell down on Bitcoin.
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