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bitcoinwizard1
Jul 8, 2018 4:57 AM

BTC SHORT important update 

Bitcoin / DollarBitfinex

Description

This is and update chart for people in the private group, link below. So we entered short with and average about $ 6823 we will close that short at 6584/6594. at that level you could also open a long but i don't recommend using to much % of your capital, for that trade i recommend x 50 leverage and only about 2% of you total xbt, that way we can make great profit but taking very low risk, if we get liquidated we only will lose 2% but if we go to target we can make 5.22% of our total capital so that will convert it into good ratio. risk1 reward 2.61. then from 6824 to 6889 we can re open heavy short orders using x 25 with 25% of our capital. good luck


t.me/joinchat/AAAAAEoCM5E9iij2u1OTtA

Comment

I'm sorry i had typing error on targets in the chart, i meant 6582 and 6592 not 5582/5592.

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Comments
bitcoinwizard1
wait for price to form reversal structure, price could go about 6150 /6200 before coming back up
dababidu
@MichelMery, nice call!
DannyV3
Wow these charts are so clean!!!!!!
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