Bitcoin. The beginning of the end?
#Bitcoin.
I'm observing a sell-off in the asset. A set of short positions. That doesn't mean we're going to go down in flames. It means we can try to win back a short position, which is what I'm going to do.
My sell entry will be at the marks:
$31,400 - $31,600 as soon as there's a retest of that level.
At the retest I will look for reversal patterns and weakness of the asset. After that I will make a decision to enter the trade.
I wish you a good day, dear colleagues. Let's try to make money for a living)
#Bitcoin.
I'm observing a sell-off in the asset. A set of short positions. That doesn't mean we're going to go down in flames. It means we can try to win back a short position, which is what I'm going to do.
My sell entry will be at the marks:
$31,400 - $31,600 as soon as there's a retest of that level.
At the retest I will look for reversal patterns and weakness of the asset. After that I will make a decision to enter the trade.
I wish you a good day, dear colleagues. Let's try to make money for a living)