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MarxBabu
Feb 19, 2019 2:56 PM

BITCOIN BTCUSD XBTUSD ETHto go down as three weak candle formed Short

Bitcoin / DollarBitfinex

Description

As per the longbuylongsellindicator currently BTCUSD is in Long zone.However after two rally now the candles are forming bearish formation.
If you could closely look at the parallel channel three candles could not go high and high it is just falling down.

This is the indication the price will drop by hugely .I will enter short once the longbuylongsellindicator background color and strength meter as well show to go for short.

Presently shorting with 50% entry quantity remaining 50% will be when the price come down the the chart is favor to my trading .

Comment

it is exactly at the top notch price will go down .

Comment

price should reverse
Comments
RaniNair
Thank you for sharing.
MarxBabu
Thank you
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