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therealconi
May 3, 2020 11:42 AM

MY BTC/USD SHORT TERM IDEA 

Bitcoin / DollarBitfinex

Description

I see 2 possible scenarios:
If BTC breaks this mini-resistance with significant volume could have another leg up, that is a crucial point, I think a short position in range 9200-9400 could a good idea, but you have to set a stop-loss (YOU HAVE TO SET STOP LOSS EVERY TIME NOT JUST THIS ONE) because if it would go further it can reach 10K target easily (Weekly timeframe is too bullish and there is also the halving question)
Another scenario is if it breaks below red support with significant volume it can be also an opportunity for a short position and the targets are 8500 and 8300 zones.
Comment below with your opinion about BTC. Bullish or bearish?

Comment

Touching support.. stay updated, if it breaks trough we will get directly to our targets

Comment

I' ve shorted at 8901 at 10X leverage.Stop/loss at 9k Let see what happens

Comment

1ST Target Reached
Comments
transparent-fx
I will be looking at it as well, this is what I will be looking at
therealconi
@transparent-fx, Thank you very much, I saw the video, I appreciate very much your analysis
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