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FrostyRene
Apr 13, 2020 9:56 AM

BitCoin sell trade setup Short

Bitcoin / TetherUSBinance

Description

Possible sell trade setup:

First let Bitcoin break the support, wait for a bounce and expect it somewhere in the green box, let the price come back to the previously broken support, sell it here. ratio is 1:2.69

Hopefully it will go as planned.
Always secure your winnings!
happy trading

Comment


It is not running as planned and it is as bestfarbit74 said, we go upstairs first and only seems more favorable, hence an update on the sell entry

Comment


This position is good for selling with little risk
Comments
bestfarbit74
we are going some correction upward for very short term after that I see the price around 6100~6200
FrostyRene
@bestfarbit74,
I do not exclude this, if this happens I will sell even more at the yellow resistance line.
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