BTC Short 1:16 Risk Reward
As this is a fake bull run and we are coming close to the end of May, we need BTC to close below or around $6,800.
Today is the 30th, meaning we have today and tomorrow to fulfil volatile price movements to the downside over the next two days.
This will allow Bitcoin to remain "semi-bullish" as the fake out value of 10-12k USD has not been reached yet, nor is it time to do so.
By having BTC close at or slightly above a monthly resistance level, this will allow the following months price movement to remain "semi bullish" i.e. a fake bull run up to the targets of 10-12k - more precise levels of the fake out peak will be viewable on the charts over the next couple of months.
There is a nice opportunity for a very quick short opportunity here with an extremely tight stop loss - with the additional benefit of entering back into a long once $6,6800 is hit with additional funds.
Check out our temporary website (new website released next week) offering a course on my unique crypto trading strategies that have been developed to predict fake outs, and catch the absolute "tops" and bottoms" of volatile price moves to make the quickest and safest trades possible in a highly volatile low liquidity emerging market.
We are also offering forex signals with educational videos included for a normal price of £49.99, but for June we are having a 40% off code (40OFF) bringing the price down to £28 - we aim to help those with little funds accumulate capital through highly accurate 80% win rate forex signals, so that they can invest into cryptocurrencies ones the REAL bottom has been hit later this year.
crypto-pedia.co.uk/get-started/ ( crypto course is currently reduced to just £99.99 until the new website is live, when it will return to £399)
crypto-pedia.co.uk/fx-signals/
And my personal Instagram francis.cummings so that you can see my own personal trades (on stories)
A new crypto / forex dedicated Instagram will be live next week to separate life from business.
As this is a fake bull run and we are coming close to the end of May, we need BTC to close below or around $6,800.
Today is the 30th, meaning we have today and tomorrow to fulfil volatile price movements to the downside over the next two days.
This will allow Bitcoin to remain "semi-bullish" as the fake out value of 10-12k USD has not been reached yet, nor is it time to do so.
By having BTC close at or slightly above a monthly resistance level, this will allow the following months price movement to remain "semi bullish" i.e. a fake bull run up to the targets of 10-12k - more precise levels of the fake out peak will be viewable on the charts over the next couple of months.
There is a nice opportunity for a very quick short opportunity here with an extremely tight stop loss - with the additional benefit of entering back into a long once $6,6800 is hit with additional funds.
Check out our temporary website (new website released next week) offering a course on my unique crypto trading strategies that have been developed to predict fake outs, and catch the absolute "tops" and bottoms" of volatile price moves to make the quickest and safest trades possible in a highly volatile low liquidity emerging market.
We are also offering forex signals with educational videos included for a normal price of £49.99, but for June we are having a 40% off code (40OFF) bringing the price down to £28 - we aim to help those with little funds accumulate capital through highly accurate 80% win rate forex signals, so that they can invest into cryptocurrencies ones the REAL bottom has been hit later this year.
crypto-pedia.co.uk/get-started/ ( crypto course is currently reduced to just £99.99 until the new website is live, when it will return to £399)
crypto-pedia.co.uk/fx-signals/
And my personal Instagram francis.cummings so that you can see my own personal trades (on stories)
A new crypto / forex dedicated Instagram will be live next week to separate life from business.