alexmuresan

BTC/USD - SELL opportunity

Short
COINBASE:BTCUSD   Bitcoin / U.S. Dollar
As we expect BTC to continue UP, it may be possible to SHORT for a fast profit at around 58k.
The set-up will secure a 3.79% profit it hits Tp2, but when Tp1 is hit, SL will be moved at that limit of Tp1 to secure the profit.
An ABCD pattern is forming and I expect to see a pullback from the sellers. We can see that the resistance zone in the area is acting in the past pretty good.
Hope this makes sense :)

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