madden286

BEARISH BTC - SHORT TRADE

Short
BINANCE:BTCUSDT   Bitcoin / TetherUS
Trading inside a descending triangle . MACD looks to be gaining some support but the volume suggests not enough price action. RSI not shown but looks overbought enough to keep my short from $8511 running. If close is made above $8368. I will take a risky long to around $8472 using only 10% of my wallet. Small gains to be made within this triangle. Let me know what you think about it. Definitely ready for a breakout soon and I am mainly focused on the short for this trade waiting for a close below the green support line on the chart and a close back above it for another bounce and maybe another small profit. Stop losses will be set to prevent my losses here as they are risky but they are there. Thanks for reading. Give me a like and follow if you want. I always appreciate feedback good or bad it’s the only way of learning better. DYOR. These are my views only

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