CryptoAman

R.ACEACEACE #BITCOIN #BTCUSD #BTC BEAR WANTS $27K STAY SAFE

Short
BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
I believe the larger timeframe has turned bearish .
I had "manually closed" my previous trade idea because it took me a couple attempts to get my entry because I was trying with a tight stop loss. However, I successfully entered and closed my short, which made up for losses on my long trade.

Currently, I believe the bears are trying to push the price down to 27k's.

Support: $27,734
Resistance: $41,185

I will not be taking any long trades until price exceeds resistance or touches support. I intend to scalp short trades on the lower timeframes.

Please do your own analysis, responsibly manage your risk, and stay safe.

Thanks for hitting the like button!
Trade closed manually: I've been trading the lower timeframe. Please stay up to date with new ideas. Bull is trying to take price to new high on lower timeframe. I am long
My technical analysis is lit. Self-made and self-taught. They don't make 'em like me. Beyond T.A. for life. Follow me on Twitter.

Comments

Seems like the trend change back to bullish :(
Reply
joyycl95 joyycl95
Should i still hold to sell?
Reply
CryptoAman joyycl95
@joyycl95 I trade my plan. Please trade your own plan. I do not know your situation so I cannot tell you what you should or shouldn’t do. I am not a financial advisor. I accept complete loss on my trades. Please learn how to manage your risk. That is the best I can say.
Reply
joyycl95 CryptoAman
@CryptoAman, Thank you!
+1 Reply
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