Bitcoin short-term trading signal 0928

Now Bitcoin is formally start its short-term consolidation, moving range can temporary notice 41900~44000, at least for today, it's not easy to break this area.

To sport traders, price moves to around 40000 is a good moment to enter as 39500~41000 has been proved to be an effective support area during the recent retracement(1h level).

To future traders, here is the daily signal

Open long:
2~5X leverage level
15%~25% positions

open price range: 40800~41900
stop loss: 39500
stop profit(in 3 times): 42900---43400---44400


Open short:
3~6X leverage level
20%~30% positions

open price range: 43000~43500
stop loss: 44350
stop profit(in 3 times): 42000---41600---40800
Chart PatternsTechnical IndicatorsTrend Analysis

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