geometricThinking

BTC 4hour chart at key resistance and fast approaching an ep

Corto
geometricThinking Actualizado   
BITFINEX:BTCUSD   Bitcoin
imho, its time to take money off the table after that nice rally. Price has been stopped by arc resistance and we are fast approaching an energy point in time.
A close above the recent high would be a good place to consider this advice mistaken. If going short, a stop above the recent high would make sense.
Happy Trading.
Comentarios:
A 1st target of ~ the recent low of 11500 makes sense
Operación cerrada manualmente:
I no longer have faith in this trade idea. It seems that resistance might break. I have closed my short. Good luck.

Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.