Ganbu

Short-term BTC shorting opportunity

Short
Ganbu Updated   
BINANCE:BTCUSDT.P   Bitcoin / TetherUS PERPETUAL CONTRACT
BTCUSD.P is showing a short-term shorting opportunity. A new resistance level has been formed from where the price seems to be getting bounced back. I opened a short position with take profit on the ascending triangle support level. Risk-reward ratio about 1:1.

I'm bullish on the general direction of BTC still but I believe we can scalp some profits by shorting it momentarily.

Trade closed: stop reached
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