Signal_Centre
Short

Trade Idea - Bearish pressure building

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
BITSTAMP:BTCUSD COINBASE:BTCUSD Trade Idea

Bitcoin - Intraday - We look to Sell at 10800 (stop at 11200)

The previous days bearish outside candle has led to further selling. The overnight dip has been bought into and there is scope for further bullish pressure going into this morning. The reaction higher is positive, however, we view this as an opportunity to set shorts in line with the overall bearish move lower. Expect trading to remain mixed and volatile.

Our profit targets will be 10000 and 9700

Resistance: 10800 / 11000 / 11200
Support: 10000 / 9700 / 9000
FREE Telegram Group - https://t.me/signalcentre
FREE Trade Ideas - https://signalcentre.com/insight/
Great call!
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out