jtanum

The downfall of BTCUSD

Short
jtanum Updated   
BITFINEX:BTCUSD   Bitcoin
Hey Guys,

Since i've been a hodler of crypto, i can't help myself but to accept the reality that BTCUSD is headed for another correction.

As you can see in the 4H TF, BTCUSD had a pullback moment at the level of 0.382 followed by a downfall.

Hence, I believe we can short this trade to the previous lowest point at 6042 and observe for the next trend.

T/P at 6042
S/L at 9847
R:R 1.7

Please don't trade more than 2u% of your capital

Hope you earn some profit out of this trade

Cheers!
Comment:
Hey Guys,

The big whales are selling hard, keep this trade open, be patient and lets see where it bottoms out.
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