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DeGRAM
Mar 9, 2021 9:32 AM

BTCUSD time to sell Short

Bitcoin / U.S. dollarBitstamp

Description

I close a buy trade as the price has risen to the limits of my TP.

Since December last year, the price has been increasing.
The basis of growth is the support line (also December).
I expect the price to complete its rally near the resistance zone.
First, the price will rise to the resistance zone 57657.9
From this point, you can start selling.
TP - 48488.7
SL - 60849.6

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Share your opinion in the comments and support the idea with likes.
Thank you for your support!
Comments
UnknownUnicorn15614419
Thanks for the signal!
What is the reason for this growth? It seems to me, in addition to the support and resistance zones and the main line, there are also local support lines, which gave the price an impulse for growth.
KABHI_FOREX_TRADING
I appreciate your Great Analysis..
Solldy
Is this the start of a BIG fall?
artem19840910
Never short the BULL market.
DeGRAM
@artem19840910, Let's wait.
MMBTtrader
high resistance over there

nice setup and thanks for sharing
DeGRAM
@MMBTtrader, Thanks.
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