jonathonsnell23

You Really Shorting The Ema 100?

Long
COINBASE:BTCUSD   Bitcoin
Take one look at this chart and ask yourself is shorting the purple line the EMA 100 on the 4hr a good idea? Generally not a good idea to short at support zones so if you missed shorting above 12k then I would hold off shorting until we break below 11,500 which could bring us to 10,800.For me opening Long is the best strategy now with stop losses just below the EMA 100 at 11,500 so its a low risk trade as losses will be minimal. Already added some 11,685

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