Short term trade for BTC for BITSTAMP:BTCUSD by HudaK — TradingView

Chart Patterns BTCUSD

chartpattern btcusd

BTCUSD, BITSTAMP, 4hr

Buy at 9100 / 8850

Sell at 9500 / 10500

Stop Loss : 8700

Short till 8150 in case of stop loss reached

Comment:

The above order is EXTREMELY short term trade.

The real rebound is expected at 8150 area.

snapshot

Comment:

*EXPECTING
Sorry about wrong spell.

Comment:

I am always bearish
1850 is my target.

Comment:

Red thick line is median of downtrend pitchfork
White thick line is median of uptrend pitchfork

BTC is being squeezing now.

Because of the formation of head and shoulder pattern, DOWN is more likely.

snapshot

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