TradingView
trade-crypto4ever
Jan 27, 2020 8:05 PM

BTC/USDT - Short Opportunity or just another TRAP?! Short

Bitcoin / TetherUSBinance

Description

The last few days, we have seen that BTC made some nice moves up and right now it's about to reach a strong resistance level at 9000k-9200k.
A short opportunity might be available for us with a stop loss above the 9200k area.

The 1h and 4h chart is going to give us bearish signals and the price action from the past as well!

Let's see how this will play out!

Comment

ABC wave almost complete!

Trade closed: stop reached

The price close above the 9200k are and hit our stop. We closed our short position!
More