MohsenCapital

BTC SCENARIO.

Short
BITFINEX:BTCUSD   Bitcoin
Traders,

Here we have BTC/USD 4H chart.

bulls & bears fights ?!
No I don't think so, We have bear winner on the stage.

After breaking out with uncomfortable ,volatile, and hard to trade with that liar breaking.


The best option remains to stay out for a while !
But if you are a holder my humble way to take a chance and getting away at the first red zone.


I personally decided to trade the raw signals from the reversal Just got a double top bearish signal, So I'm short toward the previous support area with this little wave as you see.


No pattern needed to be against my chart it's a repeated scenario to correct it's position for this huge pair now as we call before reaching 19k all time high we had't the way to compare except 2013 crash and now we have this by comparing the bearish scenario we are going to make this happen

Little advice: using stop losses not a shame it will prevent you to wait months for bull creating.

Regards,
Mohsen

Comment:
Comment:
1st Entry will be 8800 it will be temporary guys

Trade safe & activate stop losses
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Comment:
Downwards to point ( 5)
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