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BitmexDegen
Jul 28, 2020 2:49 AM

Btc short scalp Short

Bitcoin / TetherUSBinance

Description

Perfect hit of the upper Bollinger band and the resistane line indicated by BB Bot mentioned in the previous post.
Limit short got hit and took initial profit to pay for the trade. Trailing stop in place now.

Ideally would like to see a retest of 10k area to confirm sup/res flip, but as we know Btc has a tendency to not look back while trending.

Comment

Update: BB Bot triggered short signal on hourly chart, confirming the short term direction.

Trade closed: target reached

Short closed, H1 reached the lower BB and reversed on Better SCMR.
Would not keep a short given the momentum we've seen last few days.
Comments
PeeKaaBoo
That was a great call, thanX!
BitmexDegen
@PeeKaaBoo, you're welcome
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