After closing my last BTC USDT short out yesterday at a good profit, may now already be the time to set up the next.
As you can see the 1hr Rsi and Fisher indicate a drop may be coming, price has also risen up nicely to the Supertrend resistance.
The 4 hour super trend is also in a down trend adding strength.
Will enter here around 11,430
Sl 11,700 way outside the super trend as btc likes to wick
Tp1 11,200 (50%) then move stop loss to break even as the potential downside movement could be huge if 11k support breaks.
Good luck in your trading and if you appreciate this idea then please like, follow and subscribe to premium for 7 days Free and get access to all my signals.
As you can see the 1hr Rsi and Fisher indicate a drop may be coming, price has also risen up nicely to the Supertrend resistance.
The 4 hour super trend is also in a down trend adding strength.
Will enter here around 11,430
Sl 11,700 way outside the super trend as btc likes to wick
Tp1 11,200 (50%) then move stop loss to break even as the potential downside movement could be huge if 11k support breaks.
Good luck in your trading and if you appreciate this idea then please like, follow and subscribe to premium for 7 days Free and get access to all my signals.
