BrianChai

Bitcoin BTC Short Opportunity

Short
BITFINEX:BTCUSD   Bitcoin
Hey guys its Brian here with a short opportunity for bitcoin (BTC).

As you can see from the chart, BTC previously dumped by 5%+ and did a dead cat bounce. Now it is going back down again.

Good spot to go short here with stop loss placed slightly above the bounce resistance and take profit at the next resistance.

Stop Loss: 11768
Take Profit: 10940

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