GRT/BTC looks Bad
BTC also needs to dump at some point very soon
the combination makes a Low Risk/High Reward trade for GRT SHORT, 1:6
RSI also broken down under RSI MA
BTC also needs to dump at some point very soon
the combination makes a Low Risk/High Reward trade for GRT SHORT, 1:6
RSI also broken down under RSI MA
Comment:
Another opportunity to Short presented itself not once but TWICE!! on the 1Hour chart - for those late getting in
Comment:
^ Important to note, you don't always have to just Short at the Blue Line, sometimes because of market sentiment, price won't reach. You see that dotted red line? That's the VWAP. Quite often price will get rejected there. Shorting the 1 hour candle at close after rejection of the VWAP would have been a great trade as well.
Comment:
weeeeeeeeeeeeeeeeeeeeee
Trade closed manually:
Taken profit for now