AkmeAnalytics

Bitcoin Trade Setup - Swing Trading Shorting Opportunity

Short
AkmeAnalytics Updated   
BITMEX:XBT   Bitcoin
Bitcoin Trade Setup - Swing Trading Shorting Opportunity

Bitcoin looks weak but that doesn't mean you short it right now. It is forming a triangle pattern and so let it breaks the downside.
You can short Bitcoin once it breaks the red supporting zone.
If you're a conservative trader, then wait for a break from the red zone and retest the red zone again.

If you get any rejection at this key area of value, then you're good to go for short.

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Trade closed: target reached

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