DLavrov
Short

Bitcoin a Short Trade

BITSTAMP:BTCUSD   Bitcoin / Dollar
239 5 8
Price broke MA100 on daily chart and it's a signal for opening short trades. We have down trend and price reversal from MA20 on 4H chart. RSI and MACD confirm short trades. Place a pending order below 552 and stop above 582. A take profit order can be placed near 500 level.
Trade closed: stop reached
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You can short on Blue MA @ ~600
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Stopped out
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DLavrov TOP BTCMarket
No. This trade was not opened.
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why wait until 552 or under to place a sell? was that a resistance line? thanks
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DLavrov TOP SpencerPool
I prefer a such variant for opening trades. When price breaks highs and lows of signal candles.
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