Hello guys.
BTC recently break down a strong support ( 39800 ) and now? I have two scenarios in my mind:
1-The price will drop to the purple range and then return to the 39,000 and 40 ,000 channel.
2-The price will drop to the purple range And after a short rest, it will break, and after the pull back, it will be red again and can continue down to 34,000!.
So I open a short position and watch closely:
Targets :
37550 / 36500
Stop:
39800
Notice:
This is not an offer to trade and I just described my position. Please do not trade without learning risk management. Please never enter into a position with all capital.
BTC recently break down a strong support ( 39800 ) and now? I have two scenarios in my mind:
1-The price will drop to the purple range and then return to the 39,000 and 40 ,000 channel.
2-The price will drop to the purple range And after a short rest, it will break, and after the pull back, it will be red again and can continue down to 34,000!.
So I open a short position and watch closely:
Targets :
37550 / 36500
Stop:
39800
Notice:
This is not an offer to trade and I just described my position. Please do not trade without learning risk management. Please never enter into a position with all capital.