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NextLevelCrypto
Sep 30, 2019 11:32 AM

Short Bitcoin ! 

Bitcoin / U.S. dollarBitstamp

Description

On the 1h chart, there is a clear opportunity to short Bitcoin.

The price is still in the wide range.
A fake breakout appeared and price broke down below the lower boundary of the wide range, but after a short time period it was back in the range.

The bulls din´t have enough power to push the price far more upwards, so we have a lower high at the current moment.
A perfect entry position with a clear stop above the previous high at 8135 USD.


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