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MichaelWang66

[BTC] 4H Down Trend

Short
Bitcoin / TetherUS (BINANCE:BTCUSDT)  
MichaelWang66 Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
Moving Averages BTC
5
0
movingaverage btc
Start scale in short position, since 4H 12/26EMA tells me BTC is on a down trend.

Idea entry: 7300 (1D 26EMA)
Stop loss: 7450
Target: 7090, then retest upper 6K.
Comment:
Moving down stop loss from 7450 to 7300.
Comment:
Took profit, prepare to reload short position when bounce back to moving averages.
Trade closed: target reached:
4H 12EMA turned up, close this trade.
Comment:
Review: again, glade I took profit around 6950, by using RSI and long term trend line.
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