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theCrypster
Feb 10, 2023 10:58 AM

#BTCUSD - 30% Long has Finally Closed. Where's this Short Going? Short

Bitcoin / U. S. DollarKraken

Description

Well well well... What a month it's been for #Bitcoin. We've seen some huge gains and managed to net 30% ourselves with a #BTC long. Now we've got a Short signal from CTv2.

We can see a few defined areas where the price may be heading next if this Sell signal shows promise - the most likely scenario is Bulls are still prevalent and the price might only drop to the nearest level of support, around 10%, still a very nice Short trade to make!

The other option would create a pretty clear Head & Shoulders pattern and would mean #BITCOIN price reverts to previous levels down at around 16k - this would make for 20% profits or more!

If you enjoyed or agree with this idea - drop us a comment, like & follow! :)

Comments
ABM00420
you are using advance TA tool ..
LuxAlgo which reflects the depth of your TA knowledge .. following you 👍
theCrypster
@ABM00420, Appreciate the kind words & the Follow buddy, thanks!

This isn't LuxAlgo though - this is our own in-house signal indicator: "Crypto Tipster v2".
Full details and a Free Trial are available within our Profile or Signature! ✌️
DeGRAM
Great job. Like it
theCrypster
@DeGRAM, Cheers buddy 👍👍
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