TradingView
BrianChai
Aug 7, 2019 8:28 AM

Bitcoin BTC Short Opportunity Short

Bitcoin / DollarBitfinex

Description

Hey guys its Brian here with a short opportunity for bitcoin (BTC).

As you can see from the chart, BTC previously dumped by 5%+ and did a dead cat bounce. Now it is going back down again.

Good spot to go short here with stop loss placed slightly above the bounce resistance and take profit at the next resistance.

Stop Loss: 11768
Take Profit: 10940

Free Workshop & Trading Group (signals, news, price alerts & more!)
go.brianchai.com/welcome
Youtube Channel
youtube.com/channel/UCgVcYNZZGZEpYQI62GKEWvw
More