Alekznder
Short

Trade Idea #38 - $BTCUSD - Cautious Short

BITFINEX:BTCUSD   Bitcoin / Dollar
Trade entered near $265. Position size = half due to uncertainty.

Short term SHORT
Long term NUETRAL

Reasons
  • Stuffed by 365 MA
  • RSI + Fisher turning over.
  • Historical Resistnace
  • Looking for some moderate pullback short-term

Longer term candles are looking more bullish + auction could lead to another run-up as indicated.
Order cancelled: Closed near breakeven. Choosing the bullish option.
Comment: Will create new chart tomorrow with news. Long $265.50
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