Price action shoes that #Bitcoin failed its last rally and started a down course. It's time to open a short position now to minimize our risk.
The first major support I can see is at 6791.2. Let's watch that level carefully. It can be a point of reversal. But as a #trend follower I always flow with the current direction of the #market.
My initial Stop Loss will be at 8175.
I hope it recovers soon but let's see how deep it will go.
The first major support I can see is at 6791.2. Let's watch that level carefully. It can be a point of reversal. But as a #trend follower I always flow with the current direction of the #market.
My initial Stop Loss will be at 8175.
I hope it recovers soon but let's see how deep it will go.
Trade active:
Position still open. I added to it a few times. My current Stop Loss is at 7438.
Trade active:
This position is still doing fine. I just moved my Stop Loss to 7005.