MKS_ARA

BTC 2019.11.07 (Audience: Trader)

Short
BITFINEX:BTCUSD   Bitcoin
Audience: Trader
Risk Amount: .05% to 1.5% of portfolio
Entry Price(s): 9200

Publication: Free Analysis (Promotional)
Author: www.MKSara.com (website under construction)
Ticker: BTC
Description: Bitcoin
Type of Analysis: Technical
Source of Analysis: Price Action 2 Hour Candlestick

Trend Analysis: Downtrending
Trend Velocity: Negative acceleration
Current Price: 9202
3 Day Forecast: Below 9000
Price Range : 9260 resistance and 9000 support.

Conclusion: Entry at 9200 with a target at 9000 is 3.33 risk to reward ratio.

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