CryptoWolfsTrust

BTC good opportunity to open a short signal

CryptoWolfsTrust Updated   
BITFINEX:BTCUSD   Bitcoin
#BTC
The current level provides a good opportunity to open a short signal. With the purchase of 6900 and the extreme at 7100. Level 7350 is a stop order.





BTC short trade
opening: 6700
target: 5500, 5300, 5120, 4900
Stop: 7350
Trade active:
#BTC
Short is actual, we got the levels specified in the signal for 24.08. At the moment, there is a chance to rise a little higher, the level of 7100 becomes also relevant for the opening of a short transaction. Stop at this stage move above the zone 7500-7600. On a 12-hour scale, Death Cross still indicates a likelihood of a decline, Stoch RSI is too long in the overbought zone and can go down, pulling the price behind it, which now rests on the resistance of the MA200. On the scale of one day it can be seen that above is the intersection of dense resistance zones, which are very few to overcome.
Trade active:
reached 7100, all short positions are open
Trade active:
7190 is the last level for opening a short position
Trade active:
new stop on 7360

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