Bitcoin_IRA
Short

Watch out for the support zone, could be a good breakout trade

BITSTAMP:BTCUSD   Bitcoin / Dollar


Might be a break of good support here, will be a very quick break out trade, next support level around 216-217. With % SMA as the stop, it will be a good risk/reward ratio. Got to hit the low before hitting the high
wonky_tonky
a year ago
real support is 24x zone imho. selling here is just risk of giving away coins if not traded carefully..
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oldstout
a year ago
Shorting oversold market with bull div is very risky. If you're sure about more dumps, set very tight SL. I wouldn't short it though :D
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Bitcoin_IRA
a year ago
The market might be oversold but its still bearish, can take a good chance here, offcourse @oldstout with tight SL though. ;)
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